Forrester Research reported a strong start to 2022, with a 15% increase in contract value and a 10% increase in revenue. The company's adjusted EPS exceeded guidance, driven by the Forrester Decisions platform and investments in people, marketing, and technologies.
Contract value increased by 15% year-over-year, reaching $351.4 million.
Revenue grew by 10% compared to the same quarter in the previous year.
GAAP earnings per share (EPS) was $0.22, while adjusted EPS was $0.45.
The company reaffirmed its full-year guidance.
Forrester provided financial guidance for the second quarter and full year of 2022.
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