FORR
Forrester Research, Inc.7.22
+0.04+0.56%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
137.78MP/E (TTM)
-Basic EPS (TTM)
-4.47Dividend Yield
0%Recent Filings
10-Q
8-K
10-Q
Q2 FY2025 results
Forrester's Q2 revenues fell 8% year-over-year to $111.7M, with Research down 7% to $77.9M and Events plunging 23% to $10.2M, yet operating income held at $7.0M, down just 39% from $11.3M as cost controls bit deep. Gross margins improved to 55.5% from 58.0%, while the YTD picture sours with a $83.9M goodwill impairment slamming net loss to $83.4M and diluted EPS to -$4.39 on 19.0M shares—anti-dilution kept shares flat. Cash from operations surged to $23.1M YTD, bolstering $67.8M in cash equivalents against $35.0M debt at 5.68% under a $150M revolver with $114.3M available and no covenant breaches. Restructuring trimmed headcount by 6% in January 2025, aiding efficiency. Wallet retention slipped to 85%. Sustained stock price drops could trigger more impairments.
8-K
Q2 revenues decline 8%
Forrester Research reported Q2 2025 revenues of $111.7 million, down from $121.8 million last year, amid persistent market uncertainty hitting contract value at $288.7 million, a 7% drop. Yet adjusted EPS held at $0.51, beating expectations through cost controls and AI enhancements like Izola. Full-year guidance projects revenues of $400-410 million and adjusted EPS of $1.20-1.35. Macro pressures linger.
8-K
Annual meeting elects board
Forrester Research stockholders at the May 13, 2025 annual meeting elected six directors—Robert Bennett, Neil Bradford, George F. Colony, Anthony Friscia, Corinne Munchbach, and Warren Romine—to the board, with strong support exceeding 90% for most nominees despite some withheld votes. They ratified PricewaterhouseCoopers LLP as auditors for the fiscal year ending December 31, 2025, with 18.1 million votes in favor and minimal opposition. The non-binding approval of executive compensation passed handily, signaling investor alignment. All directors won decisively.
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