Forrester Research: Q3 Earnings Snapshot
CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Forrester Research Inc. (FORR) on Thursday reported third-quarter profit of $2.5 million.
The Cambridge, Massachusetts-based company said it had profit of 13 cents per share. Earnings, adjusted for one-time gains and costs, were 44 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.
The technology research company posted revenue of $113.4 million in the period, matching Street forecasts.
Forrester Research expects full-year earnings in the range of $1.80 to $2 per share, with revenue in the range of $475 million to $485 million.
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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
