Gartner reported a strong second quarter with double-digit growth in contract value, revenue, and Adjusted EPS. The company raised its guidance and continues to buy back stock.
Revenues reached $1.4 billion, a 17.9% increase as reported and 21.8% FX neutral.
Net income was $205 million, with adjusted EBITDA at $389 million, a 9.5% increase as reported and 14.2% FX neutral.
Diluted EPS was $2.53, while adjusted EPS was $2.85, a 27.2% increase.
Operating cash flow was $416 million, and free cash flow was $395 million.
Gartner is again raising our guidance and remain well-positioned to deliver long-term, sustained, double-digit growth. And we continue to buy back stock, which will increase our per share results this year and beyond.
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