Gartner, Inc. (IT) Tops Q1 EPS by 88c; Lowers FY20 EPS/Revenue Outlook
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Gartner Reports First Quarter 2020 Financial Results
May 7, 2020 6:00 AM EDTTotal Contract Value $3.5 billion, +10.6% YoY FX Neutral
FIRST QUARTER 2020 HIGHLIGHTS
Revenues: $1.0 billion, +5.0%; +6.1% FX neutral. Net income: $75 million; adjusted EBITDA: $214 million, +50.8%, +52.8% FX neutral. Diluted EPS: $0.83, +260.9%; adjusted EPS: $1.20, +106.9%. Operating cash flow: $56 million; free cash flow: $31 million, +100.9%. Cash position at March 31, 2020: $228 millionFINANCIAL OUTLOOK FOR 2020
Details regarding our updated 2020 financial outlook are available in the earnings supplement.
STAMFORD, Conn.--(BUSINESS WIRE)-- Gartner, Inc. (NYSE: IT), the world's leading research and advisory company, today reported results... More
