Forrester Research Inc - FORR STOCK NEWS

Forrester Research (FORR) reported strong Q1 2022 results with a 15% increase in total contract value, reaching $351.4 million, and a 10% revenue growth to $125 million. GAAP EPS was $0.22, while adjusted EPS was $0.45, exceeding guidance. The company reaffirmed its full-year outlook, projecting revenues between $550 million and $560 million with an EPS of $1.25 to $1.35. Forrester remains confident in its performance despite economic challenges, emphasizing the momentum of its Forrester Decisions platform.

At the B2B Summit North America, Forrester (Nasdaq: FORR) announced findings highlighting the evolving role of B2B CMOs in driving sustainable growth amidst changing market dynamics. The 2022 Marketing Survey revealed that addressing shifting buying behaviors is a key priority for B2B marketing leaders. Leading CMOs are leveraging technology and insights to redefine marketing's value proposition. New research will include frameworks on purpose-driven marketing, strategic alignment, and digital transformation, aimed at empowering CMOs to enhance corporate strategies.

Forrester (Nasdaq: FORR) has revealed the agenda for the CX North America event scheduled for June 7–9, 2022, in Nashville, Tennessee. The conference aims to help B2C marketing and digital leaders enhance customer experiences, leading to better retention and revenue growth. Key sessions will address topics such as marketing in the metaverse, combating misinformation, and creating inclusive experiences. Attendees will benefit from over 60 role-based sessions, new research, and strategies to navigate current regulatory challenges in customer experience management.

Forrester (Nasdaq: FORR) has announced its global technology awards focused on Technology Strategy Impact and Enterprise Architecture. These awards aim to recognize organizations with effective technology strategies that enhance customer-centric operations and drive growth. Open for nominations from organizations with over 1,000 employees, the awards acknowledge excellence in technology leadership across North America, Europe, and Asia Pacific. Award recipients will be revealed at upcoming technology events in 2022, with a nomination deadline of June 3, 2022.

Exabeam, a leader in next-gen SIEM and XDR, has reported significant findings from a Total Economic Impact™ study conducted by Forrester Consulting. Organizations utilizing Exabeam Fusion SIEM achieved a 245% return on investment (ROI) and realized over $3.73M in benefits over three years. Key improvements included reduced investigation time from 360 to 5 minutes, enhanced insider threat detection, and annual savings exceeding $100K. The study highlights Exabeam’s effectiveness in optimizing security operations amid evolving cybersecurity challenges.

Forrester Research (Nasdaq: FORR) is set to broadcast its first-quarter earnings conference call on May 5, 2022, at 4:30 p.m. Eastern time. Investors are encouraged to log in at least 15 minutes early and preregister. The event will also be accessible for replay on Forrester's website. Forrester is recognized for its insightful research and advisory services, aiding business leaders in technology, marketing, customer experience, and other functions to drive growth through customer-centric strategies.

Research from Forrester (Nasdaq: FORR) reveals that the metaverse is not yet tangible, with its development projected to unfold over the next decade. Only 34% of US and 28% of UK online adults express excitement about the metaverse, despite 76% of US B2C marketing executives planning investments in related activities for 2022. For the metaverse to materialize, it must achieve interoperability across platforms, along with regulatory standards and user experience design. The report offers guidance for business leaders on evaluating metaverse investments amid consumer skepticism.