Gartner Inc.
Gartner Reports First Quarter 2024 Earnings Beat on Adjusted EPS
Summary
Gartner, Inc. reported first quarter 2024 financial results on April 30, 2024. The company announced revenues of $1.5 billion, up 4.5% year-over-year, and adjusted EPS of $2.93, up 1.7%. Despite a reported EPS miss of $2.67 (down 27.4%), the adjusted results beat consensus. Operating cash flow and free cash flow also increased by 14.7% and 15.8%, respectively. The company repurchased 0.5 million common shares for $225 million. A webcast call was scheduled to discuss the results.
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About Gartner Inc.
Gartner Inc. is a prominent global research and advisory firm that provides insights, advice, and tools for leaders in IT, finance, human resources, customer service, and supply chain sectors. The company's primary function is to deliver comprehensive market analysis and strategic guidance, helping businesses make informed decisions about technology and innovative growth. Gartner plays a critical role in the financial market by offering research that impacts a wide range of industries and enterprises, including technology, telecommunications, government, and higher education. Notably, its consulting services and conferences are pivotal for organizations seeking to enhance performance through strategic methodologies and data-driven insights. Founded in 1979 and headquartered in Stamford, Connecticut, Gartner's influence is significant, as its reports and analysis are often considered authoritative resources for technology and business leaders worldwide. By leveraging Gartner's expertise, companies can optimize operations, adopt new technologies effectively, and stay competitive in an ever-evolving marketplace.
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