Gartner, Inc. (IT) Tops Q1 EPS by 95c, Revenues Beat

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Gartner Reports First Quarter 2021 Financial Results

May 4, 2021 6:00 AM EDT

Total Contract Value $3.7 billion, +5.8% YoY FX Neutral

FIRST QUARTER 2021 HIGHLIGHTS

Revenues: $1.1 billion, +8.4% as reported; +5.7% FX neutral. Net income: $164 million; adjusted EBITDA: $320 million, +50.0% as reported, +44.2% FX neutral. Diluted EPS: $1.84, +121.7%; adjusted EPS: $2.00, +66.7%. Operating cash flow: $157 million; free cash flow: $145 million, +363.8%. Repurchased 2.3 million common shares for $398 million. Board of Directors increased the share repurchase authorization by $500 million in April 2021.

STAMFORD, Conn.--(BUSINESS WIRE)-- Gartner, Inc. (NYSE: IT), the worlds leading research and advisory company, today reported... More