Gartner, Inc. (IT) Tops Q2 EPS by 39c, Revenues Beat

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Gartner Reports Second Quarter 2020 Financial Results

August 4, 2020 6:00 AM EDT

Total Contract Value $3.4 billion, +7.0% YoY FX Neutral

SECOND QUARTER 2020 HIGHLIGHTS

Revenues: $1.0 billion, -9.1%; -7.6% FX neutral. Net income: $55 million; adjusted EBITDA: $192 million, +4.0%, +6.0% FX neutral. Diluted EPS: $0.61, -46.0%; adjusted EPS: $1.20, -17.2%. Operating cash flow: $399 million; free cash flow: $322 million, +71.1%. Reduced total debt by $200 million and reduced maturity date risk.

FINANCIAL OUTLOOK FOR 2020

STAMFORD, Conn.--(BUSINESS WIRE)-- Gartner, Inc. (NYSE: IT), the world's leading research and advisory company, today reported results for the second... More