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

NEWS25 July 2013

Forrester Research sees revenues fall for Q2

Financials North America

US — Forrester Research’s total revenues fell by nearly $1m in Q2 according to its financial results.

Total revenues for the second quarter of 2013 came in at $78.2m compared with $79.1m in Q2 2012 while GAAP net income was $5.6m compared with $7.8m the previous year.

Despite the Q2 drop, total revenues for the six-months to June 2013 saw total revenues come in at $149.7m compared with 149.4m in the same period to June 2012.

The company said that it expected GAAP total revenues of between $60m to $70m in the third quarter of the year while its full year guidance could see GAAP total revenues of between $290m and $298m.

Forrester Research chairman and CEO George Colony said: “Our recovery remains a work in progress and will not be without periodic setbacks.”

@RESEARCH LIVE

0 Comments