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Forrester Research Inc (symbol: FORR) stands as one of the world's foremost research and advisory firms, providing invaluable insights to business and technology leaders. The company’s mission is to help organizations develop customer-obsessed strategies that drive meaningful growth. Forrester's unique insights are derived from annual surveys of over 500,000 consumers and business leaders globally, utilizing rigorous and objective methodologies.
Forrester operates through three main segments: Research, Consulting, and Events. The Research segment creates and delivers comprehensive research, connect, and analytics products. The Consulting segment focuses on generating revenue through tailored consulting services, helping clients implement strategies based on Forrester’s research. Lastly, the Events segment develops and hosts both in-person and virtual events, providing platforms for executive peer networking and knowledge sharing.
Forrester’s offerings include proprietary research reports, custom consulting services, exclusive executive peer groups, and a variety of events aimed at challenging clients’ thinking and empowering them to lead transformative changes in their organizations. Recent achievements of the company include expanding its research into emerging technologies, forging new partnerships, and enhancing its data analytics capabilities.
Financially, Forrester has maintained a strong performance, showcasing growth in revenue across its different segments. The company continues to innovate and deliver value to its clients, underpinned by its commitment to rigorous research and objective analysis.
To learn more about Forrester Research Inc and its latest updates, visit their official website or check the latest news section.
Forrester (Nasdaq: FORR) announced the appointment of Warren Romine to its board, effective March 15, 2022. Romine, founder of Orchard Knob Capital, brings over 20 years of investment banking experience, specializing in corporate liquidity and M&A. His previous roles include leadership positions at notable firms such as KippsDeSanto & Co. and Houlihan Lokey. Forrester's chairman, George F. Colony, expressed confidence that Romine's expertise will enhance shareholder value and accelerate growth. With this addition, Forrester's board now comprises nine members, eight of whom are independent.
Forrester (Nasdaq: FORR) announced that Grammy-nominated band Black Pumas will headline its B2B Summit North America, taking place from May 2–4, 2022, in Austin, Texas. The summit is a key event for B2B marketing, sales, and product leaders, featuring over 100 sessions focused on understanding market behaviors and aligning strategies across departments. The Black Pumas, notable for their Grammy nominations and viral single 'Colors,' add excitement to the event. Forrester aims to drive collaboration and innovation through this annual gathering.
Forrester Research reported strong 2021 financial results, achieving total revenues of $494.3 million and a net income of $24.8 million, marking significant growth compared to $449.0 million and $10.0 million in 2020. The fourth quarter revenues reached $133.7 million, up from $120.5 million year-over-year, with adjusted diluted EPS of $0.59. For 2022, Forrester expects revenues between $550.0 million and $560.0 million, with adjusted diluted EPS guidance of $2.25 to $2.35.
Forrester Research (Nasdaq: FORR) announced it will broadcast its fourth-quarter and full-year earnings conference call on February 10, 2022, at 4:30 p.m. ET. Investors are encouraged to log in at least 15 minutes prior. A replay will be available on their website for those unable to attend live. Forrester helps companies leverage customer obsession for growth through its proprietary research and consulting services, drawing insights from extensive consumer and business leader surveys and rigorous methodologies.
Forrester Research (Nasdaq: FORR) announced that CEO George Colony, CFO Chris Finn, and CAO Scott Chouinard will present at Sidoti's virtual Winter Small Cap Conference on January 19, 2022, at 11:30 a.m. ET. The live webcast will be accessible via the company's website. Forrester is a leading research firm aiding leaders in various sectors to drive growth through customer-centric strategies, leveraging extensive research and consumer feedback.
On November 8, 2021, Forrester (Nasdaq: FORR) announced an upgrade to its FeedbackNow solution, introducing FeedbackNow Predict. This new feature utilizes advanced analytics to help businesses anticipate customer experience (CX) issues proactively. With real-time feedback collection and integration of various data types, organizations can now address potential problems before they arise. Approximately 60% of CX professionals report lacking closed-loop feedback processes, highlighting the innovation's importance in fostering brand loyalty. FeedbackNow currently collects over 8 million customer votes monthly.
Forrester Research reported strong Q3 2021 results with total revenues of $118.1 million, a 8.8% increase from $108.6 million in Q3 2020. The company achieved a net income of $4.5 million ($0.23 per share), recovering from a loss of $3.8 million in the prior year. Forrester raised its full-year guidance for the third time, anticipating total revenues between $492 million and $497 million. Additionally, a $50 million increase in the stock repurchase program was authorized, enhancing shareholder value.
Forrester (Nasdaq: FORR) has released its 2022 Predictions, warning that 30% of companies not supporting remote work will see attrition rates rise above industry averages, peaking at 2.5% monthly resignations. Key trends include a shift towards creativity-driven digital transformation, increased focus on accessibility in customer experience, and a predicted $10 billion redirected to pro-accessibility services. The report emphasizes heightened customer expectations and urges leaders to adapt quickly to these changes.
Forrester Research (Nasdaq: FORR) will host its third-quarter earnings conference call on November 3, 2021, at 4:30 p.m. ET. Investors can tune in via Forrester's website, with a recommendation to log in 15 minutes early. A replay will be available for those unable to participate live. Forrester is a leading research and advisory firm assisting global leaders in technology, marketing, and customer experience to drive growth through customer-centric strategies, leveraging extensive proprietary research and feedback methodologies.
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