Gartner, Inc. (IT) Tops Q1 EPS by 58c
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Gartner Reports First Quarter 2022 Financial Results
May 3, 2022 6:00 AM EDTTotal Contract Value $4.2 billion, +16.3% YoY FX NeutralÂ
FIRST QUARTER 2022 HIGHLIGHTS
Revenues: $1.3 billion, +14.4% as reported; +16.4% FX neutral. Net income: $173 million; adjusted EBITDA: $329 million, +2.6% as reported, +4.7% FX neutral. Diluted EPS: $2.08, +13.0%; adjusted EPS: $2.33, +16.5%. Operating cash flow: $168 million; free cash flow: $150 million, +3.9%. Repurchased 1.6 million common shares for $451 million; 6.7% reduction in outstanding share count YOY. Board of Directors increased the share repurchase authorization by $500 million in April 2022.STAMFORD, Conn.--(BUSINESS WIRE)-- Gartner, Inc. (NYSE: IT) today reported... More
