Reports Q1 revenue $1.53B, consensus $1.53B. Gene Hall, Gartner’s (IT) Chairman and Chief Executive Officer, commented, “First quarter financial results were ahead of our expectations. Contract value grew 7%. In a dynamic world, we are managing our costs to deliver Adjusted EBITDA Margin ahead of our initial guidance while also investing for future growth. We continue to provide significant value to our clients and will emerge from the current environment even stronger.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IT:
- Is IT a Buy, Before Earnings?
- Gartner price target lowered to $400 from $401 at Wells Fargo
- Gartner’s Financial Outlook Deteriorates Amid Revenue Guidance Reduction and Rising Cancellations
- Gartner price target lowered to $475 from $510 at Barclays
- Gartner price target lowered to $401 from $488 at Wells Fargo
