Gartner, Inc. (IT) Tops Q4 EPS by 77c, Revenues Beat
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Gartner Reports Fourth Quarter 2020 Financial Results
February 9, 2021 6:00 AM ESTTotal Contract Value $3.6 billion, +4% YoY FX Neutral
FOURTH QUARTER 2020 HIGHLIGHTS
Revenues: $1.1 billion, -8% as reported; -9% FX neutral. Net income: $120 million; adjusted EBITDA: $245 million, +13% as reported, +10% FX neutral. Diluted EPS: $1.33, +77%; adjusted EPS: $1.59, +35%. Operating cash flow: $260 million; free cash flow: $237 million, +>100%. Repurchased 0.6 million common shares for $100 million. Board of Directors increased the share repurchase authorization by $300 million.FULL YEAR 2020 HIGHLIGHTS
Revenues: $4.1 billion, -3% as reported and FX neutral. Net income: $267 million; adjusted EBITDA: $818 million, +20% as reported and FX neutral. Diluted EPS: $2.96, +16%;... More