Gartner Q4 2020 Earnings Report
Key Takeaways
Gartner reported Q4 2020 results with revenues of $1.1 billion, an 8% decrease year-over-year. However, net income increased by 77% to $120 million, and diluted EPS rose by 77% to $1.33. Free cash flow saw a significant increase, more than doubling. The company also repurchased 0.6 million common shares for $100 million and increased the share repurchase authorization by $300 million.
Revenue decreased by 8% as reported, and 9% on an FX neutral basis.
Net income increased by 77% to $120 million.
Diluted EPS increased by 77% to $1.33.
Free cash flow more than doubled.
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Gartner Revenue by Segment
Forward Guidance
Gartner is well-positioned for 2021 and to drive both double digit top-line growth and margin expansion in the years beyond.
Revenue & Expenses
Visualization of income flow from segment revenue to net income