Forrester (FORR) Tops Q4 EPS by 4c, Revenues Beat; 1Q & FY21 EPS Guidance Below Consensus
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Forrester Research Reports 2020 Fourth-Quarter And Full-Year Financial Results
February 11, 2021 4:05 PM ESTCAMBRIDGE, Mass., Feb. 11, 2021 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) today announced its 2020 fourth-quarter and full-year financial results.
Fourth-Quarter Financial Performance
Total revenues were $120.5 million for the fourth quarter of 2020, compared with $124.3 million for the fourth quarter of 2019. Adjusted revenues, which exclude the fair value adjustment to deferred revenue from the acquisition of SiriusDecisions, were $120.6 million for the fourth quarter of 2020, compared with $125.1 million for the fourth quarter of 2019.
On a GAAP basis, net income was $2.4 million, or $0.13 per diluted share, for the fourth quarter of... More