Forrester (FORR) Tops Q4 EPS by 9c, Revenues Beat; Offers Q1 EPS Guidance Above Consensus, Q1 Revenue Mid-Point Guidance Above Consensus, Offers FY20 EPS/Revenue Guidance

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Go back to Forrester (FORR) Tops Q4 EPS by 9c, Revenues Beat; Offers Q1 EPS Guidance Above Consensus, Q1 Revenue Mid-Point Guidance Above Consensus, Offers FY20 EPS/Revenue Guidance

Forrester Research Reports 2019 Fourth-Quarter And Full-Year Financial Results

February 13, 2020 4:05 PM EST

CAMBRIDGE, Mass., Feb. 13, 2020 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) today announced its 2019 fourth-quarter and full-year financial results.

Fourth-Quarter Financial Performance

Total revenues were $124.3 million for the fourth quarter of 2019, compared with $98.6 million for the fourth quarter of 2018. Research revenues increased 28%, and advisory services and events revenues increased 23%, compared with the fourth quarter of 2018. Pro forma revenues, which exclude the fair value adjustment to deferred revenue from the acquisition of SiriusDecisions, were $125.1 million for the fourth quarter of 2019, with $80.1 million from research services and $45.0 million from... More