Gartner, Inc. (IT) Tops Q2 EPS by 71c
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Gartner Reports Second Quarter 2022 Financial Results
August 2, 2022 6:00 AM EDTTotal Contract Value $4.3 billion, +15.4% YoY FX Neutral
SECOND QUARTER 2022 HIGHLIGHTS
Revenues: $1.4 billion, +17.9% as reported; +21.8% FX neutral. Net income: $205 million; adjusted EBITDA: $389 million, +9.5% as reported, +14.2% FX neutral. Diluted EPS: $2.53, -19.2%; adjusted EPS: $2.85, +27.2%. Operating cash flow: $416 million; free cash flow: $395 million. Repurchased 1.8 million common shares for $479 million; 5.5% reduction in outstanding share count YoY.STAMFORD, Conn.--(BUSINESS WIRE)-- Gartner, Inc. (NYSE: IT) today reported results for the second quarter of 2022 and updated its financial outlook for the full year... More
