This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here

NEWS13 February 2014

Forrester Research sees ‘encouraging signs’ for improved performamce

Financials North America

US — Forrester Research has reported a 3% increase in fourth-quarter revenue, and a 1.5% rise in annual revenue thanks to growth in its advisory and other services.

The technology market analyst saw a flat performance in its research services business, which ended the year with revenue of $202.8m. Advisory and other services came in at $94.8m – giving a total company figure of $297.6m.

However, net income was down year-on-year to $12.8m, compared to $26m in 2012.

George Colony, Forrester’s chairman and chief executive officer, said: “At the close of the year, we saw some early, encouraging signals from the operational improvements we made, which we expect will lead to improved performance as we progress through 2014.”