Forrester Research reported Q4 2020 revenues of $120.5 million, compared to $124.3 million in Q4 2019. Net income was $2.4 million, or $0.13 per diluted share, compared to $4.9 million, or $0.26 per diluted share for the same period in 2019.
Total revenues were $120.5 million for the fourth quarter of 2020, compared with $124.3 million for the fourth quarter of 2019.
On a GAAP basis, net income was $2.4 million, or $0.13 per diluted share, for the fourth quarter of 2020, compared with net income of $4.9 million, or $0.26 per diluted share, for the same period in 2019.
On an adjusted basis, net income was $6.6 million, or $0.35 per diluted share, for the fourth quarter of 2020.
The company is laser-focused on increasing research contract value bookings at double-digit rates in 2021.
Forrester is providing first-quarter 2021 financial guidance.
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