Gartner Third Quarter Revenues Rise 13%

Research and advisory firm Gartner has reported an 11% increase in group third quarter revenue to $922m - at constant currency, the rise was equivalent to 13%.

Reported revenue from the Research division also rose 11%, to $771m; for the Events arm it was up 27% to $57m, and for the Consulting segment, up 9% to $79m. Overall adjusted EBITDA (excluding divested operations) was up 15% (17% at constant currency) to $149m.

CEO Gene Hall (pictured) says the quarter 'continued the trend of double-digit growth in contract value, revenue, and profits, combined with strong cash flow', and says prospects for future growth remain strong.

Web site: www.gartner.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.