CAMBRIDGE, Mass. (AP) _ Forrester Research Inc. (FORR) on Wednesday reported second-quarter profit of $1.6 million.
The Cambridge, Massachusetts-based company said it had profit of 8 cents per share. Earnings, adjusted for non-recurring costs, were 65 cents per share.
The technology research company posted revenue of $128.2 million in the period.
For the current quarter ending in October, Forrester Research expects its per-share earnings to range from 27 cents to 31 cents.
The company said it expects revenue in the range of $105 million to $109 million for the fiscal third quarter.
Forrester Research expects full-year earnings in the range of $1.52 to $1.62 per share, with revenue ranging from $456.5 million to $466.5 million.
Forrester Research shares have risen roughly 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $47.33, an increase of slightly more than 2% in the last 12 months.