CAMBRIDGE, Mass. (AP) _ Forrester Research Inc. (FORR) on Tuesday reported a loss of $13.3 million in its first quarter.
On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 73 cents. Earnings, adjusted for non-recurring costs, came to 8 cents per share.
The technology research company posted revenue of $100.6 million in the period.
For the current quarter ending in July, Forrester Research expects its per-share earnings to range from 57 cents to 61 cents.
The company said it expects revenue in the range of $124.5 million to $128.5 million for the fiscal second quarter.
Forrester Research expects full-year earnings in the range of $1.55 to $1.67 per share, with revenue ranging from $464 million to $476 million.
Forrester Research shares have risen 14% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $50.86, a climb of 28% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FORR at https://www.zacks.com/ap/FORR