Forrester (FORR) Tops Q1 EPS by 12c

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Forrester Research Reports 2019 First-Quarter Financial Results

April 30, 2019 4:08 PM EDT

CAMBRIDGE, Mass., April 30, 2019 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) today announced its 2019 first-quarter financial results.

First-Quarter Financial Performance

Total revenues were $100.6 million for the first quarter of 2019, compared with $77.7 million for the first quarter of 2018. Research revenues increased 33%, and advisory services and events revenues increased 23%, compared with the first quarter of 2018. Pro forma revenues, which exclude the fair value adjustment to deferred revenue from the acquisition of SiriusDecisions, were $104.6 million for the first quarter of 2019, with $72.4 million from research services and $32.2 million from advisory services... More