NEWS27 April 2012

Forrester Q1 revenue up 7% to $70.3m

Financials North America

US— Technology market research group Forrester has seen a 6.9% increase in first quarter revenue, coming in at $70.3m.

Research services were up 11% to $49.8m while advisory services were down 3% to $20.5m.

Operating income grew 10% to $4.63m and net income increased 9% to $3.18m.

CEO George Colony said: “Revenue for the quarter was in line with expectations, while operating margin and earnings per share exceeded guidance.”