2023-08-01 06:11:12 ET
- Gartner press release ( NYSE: IT ): Q2 Non-GAAP EPS of $2.85 beats by $0.35 .
- Revenue of $1.5B (+9.2% Y/Y as reported; +10.0% FX neutral) beats by $20M .
- Operating cash flow: $436 million; free cash flow: $410 million, +4.0%.
- Total Contract Value $4.6 billion, +8.9% Y/Y FX Neutral.
- Gene Hall, Gartner’s Chief Executive Officer, commented, “Gartner delivered another strong quarter with high single-digit growth in contract value and revenue. We are increasing our adjusted EBITDA, Free Cash Flow and adjusted EPS guidance for 2023 and remain well prepared for a wide range of economic scenarios.”
- Outlook: Total Revenue of $5,850M vs. consensus of $5.93B; Adj. EPS of $10.00 vs. consensus of $10.04.
For further details see:
Gartner beats Q2 top and bottom line estimates; raises FY23 outlook