Total revenues were $80.4 million for the third quarter of 2017, compared with $77.4 million for the third quarter of 2016. Research revenues increased 3%, and advisory services and events revenues increased 6%, compared with the third quarter of 2016.
On a GAAP basis, net income was $4.0 million, or $0.22 per diluted share, for the third quarter of 2017, compared with net income of $3.1 million, or $0.17 per diluted share, for the same period in 2016.
“Forrester was at the upper end of revenue guidance while exceeding pro forma operating margin and EPS guidance for the third quarter of 2017,” said George F. Colony, Forrester’s chairman and chief executive officer. “We remain positive about our strategy and growth.”
Source: Forrester Press Release