NEWS28 April 2011

Forrester revenue up 11% in first three months

Financials North America

US— Technology analyst Forrester has reported revenue up 11% to $65.7m in the first three months of the year.

Sales of research services climbed 13% to $44m while advisory and other services rose 7% to $21m.

Net income was down to $2.9m from $5.7m a year ago.

CEO George Colony said: “Our first-quarter financial performance was consistent with our expectations during a year of planned significant investments to support growth in our business.”