Forrester Research (FORR) Reports In-Line Q1 EPS; Guides FY16

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Go back to Forrester Research (FORR) Reports In-Line Q1 EPS; Guides FY16

Forrester Research Reports 2016 First-Quarter Financial Results

April 27, 2016 4:05 PM EDT

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Forrester Research, Inc. (Nasdaq: FORR) today announced its 2016 first-quarter financial results.

First-Quarter Financial Performance

Total revenues were $77.4 million for the first quarter of 2016, compared with $75.2 million for the first quarter of 2015. Research revenues increased 3%, and advisory services and events revenues increased 4%, compared with the first quarter of 2015.

On a GAAP basis, net income was $1.0 million, or $0.06 per diluted share, for the first quarter of 2016, compared with a net loss of $0.2 million, or $(0.01) per diluted share, for the same period in 2015.

On a pro... More