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Sep 30, 2023
Gartner Q3 2023 Earnings Report
Gartner's Q3 2023 financial results were reported, showcasing growth in contract value and better-than-expected performance in revenue, profitability, and free cash flow.
Key Takeaways
Gartner reported a strong third quarter in 2023, with a 5.8% increase in revenue to $1.4 billion and a 3.7% increase in net income to $180 million. The company saw growth in contract value and better than expected performance in revenue, profitability, and free cash flow, leading to an increased full-year guidance for 2023.
Revenue reached $1.4 billion, a 5.8% increase as reported and 4.9% on an FX neutral basis.
Net income was reported at $180 million, a 3.7% increase.
Diluted EPS increased by 4.1% to $2.26, while adjusted EPS rose by 6.2% to $2.56.
Free cash flow increased by 6.9% to $302 million.
Revenue by Segment
Forward Guidance
Gartner is increasing its 2023 guidance and is well-positioned for 2024 and beyond.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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