Forrester (FORR) Tops Q3 EPS by 16c

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Forrester Research Reports 2021 Third-Quarter Financial Results

November 3, 2021 4:05 PM EDT

CAMBRIDGE, Mass., Nov. 3, 2021 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) today announced its 2021 third-quarter financial results.

Total revenues were $118.1 million for the third quarter of 2021, compared with $108.6 million for the third quarter of 2020. The company also announced that its board of directors authorized a $50 million increase in the company's stock repurchase program, bringing the total available repurchase authorization to approximately $100 million.

On a GAAP basis, net income was $4.5 million, or $0.23 per diluted share, for the third quarter of 2021, compared with a net loss of $3.8 million, or $0.20... More