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NEWS30 October 2015

Forrester revenue up 3% for research

Financials News North America

US — Forrester Research reported $74.8 million in revenue for Q3 2015, down from $75.4m in the same quarter the previous year.

Its research revenues increased 3% – $52.2m for the third quarter, compared with $50.6m in Q3 2014 – while its advisory services and events revenues decreased 9%, compared with the third quarter of 2014. On a constant currency basis, research revenues increased 7%, and advisory services and events revenues decreased 6%, compared with the third quarter of 2014. 

George F. Colony, Forrester’s chairman and chief executive officer, said: “We met revenue and exceeded earnings-per-share guidance as we continue to see appetite from clients to develop a customer-obsessed business strategy. The work to optimise our products and operations continues, and we anticipate increased momentum throughout the fourth quarter and into 2016.”

@RESEARCH LIVE

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