Loading...
•
Sep 30, 2020
Gartner Q3 2020 Earnings Report
Gartner's Q3 2020 financial results were released, showing a mix of challenges and successes.
Key Takeaways
Gartner reported a slight decrease in revenue but a significant increase in adjusted EBITDA and free cash flow in Q3 2020. The company raised its full-year guidance, expecting continued demand and long-term growth.
Revenue decreased slightly by 0.6% year-over-year to $995 million.
Net income was $17 million, with a diluted EPS of $0.19.
Adjusted EBITDA increased by 20.0% to $168 million.
Free cash flow increased by 24.9% to $229 million.
Gartner
Gartner
Gartner Revenue by Segment
Revenue by Segment
Conferences Revenue
CapyFin.comConsulting Revenue
CapyFin.com Forward Guidance
Gartner raised guidance for the full year as demand is tracking above prior expectations. They expect to deliver value to clients, driving long-term, sustained double-digit growth in cash flow for shareholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income