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Stock impact report

Gartner Reports Second Quarter 2020 Financial Results

Gartner, Inc. (IT) 
Last gartner, inc. earnings: 2/4 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.gartner.com/investor-relations
Company Research Source: Business Wire
Total Contract Value $3.4 billion, +7.0% YoY FX NeutralSECOND QUARTER 2020 HIGHLIGHTSRevenues: $1.0 billion, -9.1%; -7.6% FX neutral.Net income: $55 million; adjusted EBITDA: $192 million, +4.0%, +6.0% FX neutral.Diluted EPS: $0.61, -46.0%; adjusted EPS: $1.20, -17.2%.Operating cash flow: $399 million; free cash flow: $322 million, +71.1%.Reduced total debt by $200 million and reduced maturity date risk.FINANCIAL OUTLOOK FOR 2020 STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE: IT), the world's leading research and advisory company, today reported results for the second quarter of 2020 and updated its financial outlook for the full year 2020. Additional information regarding the Company's results and updated 2020 financial outlook are provided in an earnings supplement available on the Company's Investor Relations website at https://investor.gartner.com.Gene Hall, Gartner’s Chief Executive Officer, commented, “We had a strong second quarter despite the challenging macroeconom Show less Read more
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