Gartner sees 5% revenue increase

US — Technology research provider Gartner has reported total revenues of $471.2m for Q1 2015, an increase of 5% over Q1 2014.

Excluding the foreign exchange impact, that increase rose to 12%. However, net income for the period was $28.4m, a decrease of 25% from the same period in 2014. Revenues for its research business segment rose 9% to $381.1m, representing a quarterly gross contribution margin of 70% ( 71% in 2014 ).

“The momentum we saw in 2014 continued into the first quarter of 2015,” said Gartner CEO, Gene Hall.

“Overall we remain confident in our tremendous market opportunity and growth potential over the long term.”

The full release can be accessed here.