Gartner, Inc. - IT STOCK NEWS

Gartner, Inc. (NYSE: IT) reported strong financial results for Q2 2024, with revenues reaching $1.6 billion, up 6.9% FX neutral. The company's net income increased by 15.9% to $230 million, while adjusted EBITDA grew 9.8% FX neutral to $416 million. Gartner's diluted EPS rose 18.1% to $2.93, and adjusted EPS increased 13.0% to $3.22. The company's contract value reached $4.9 billion, showing a 7.4% year-over-year growth FX neutral. Despite a decrease in operating cash flow and free cash flow, Gartner repurchased 0.8 million common shares for $340 million and increased its share repurchase authorization by $600 million in July 2024.

Gartner, Inc. (NYSE: IT) has announced it will release its second quarter 2024 financial results on Tuesday, July 30, 2024, before the market opens. The company will host a webcast call at 8:00 a.m. ET to discuss the quarterly results. Investors and analysts can access the live webcast at https://edge.media-server.com/mmc/p/7xniippv, with a replay available for approximately 30 days after the call. To participate actively in the live call, individuals must register at https://register.vevent.com/register/BI446d1e541106469781d3392325f5091b to receive a dial-in number and unique PIN. The press release and earnings supplement will be available on Gartner's investor website at https://investor.gartner.com/.

Gartner announces the Gartner IT Symposium/Xpo 2024, set to take place from October 21-24 at the Walt Disney World Resort in Orlando, Florida. This premier event will gather over 8,000 CIOs and senior IT leaders to discuss important technology trends and business strategies.

Key themes include generative AI, business transformation, cybersecurity, customer experience, and data analytics, among others. Over 140 Gartner experts and 180 solution providers will deliver insights across 350+ sessions. Noteworthy speakers include Jensen Huang, CEO of NVIDIA, who will deliver a keynote on AI innovation.

The event aims to empower leaders to navigate current tech priorities while preparing for an AI-augmented future. Special programs will provide deeper insights into industry-specific trends and foster peer connections.

Gartner has announced the Gartner CFO & Finance Executive Conference 2024, set to take place on September 11-12, 2024, at the InterContinental London - The O2. The conference will focus on the theme of 'Autonomous Finance: Driving Transformation to Unlock Enterprise Value.'

Gartner experts will discuss how organizations can tackle higher rates, growth challenges, labor scarcity, cost pressures, and security threats by evolving data, processes, and technologies.

The agenda features four tracks: CFO ROI improvement, FP&A in AI mode, streamlined Controller processes, and Finance Transformation. Keynotes include 'AI Stalls' by Nisha Bhandare and Clement Christensen, along with guest speakers Dr. Fons Trompenaars and Tali Sharot. Attendees can also access live demos and case studies from finance technology solution providers. Early-bird registration offers a £400 discount before July 12. For more details, use #GartnerFinance on social media.

Gartner (NYSE: IT) has announced key leadership changes effective July 1, 2024. CEO Eugene A. Hall will also assume the role of Board Chair, taking over from James C. Smith, who served as Board Chair since 2004 and will stay on as an independent director. Karen E. Dykstra, a Board member since 2007, is appointed as Lead Independent Director. These changes aim to support Gartner's continued growth and success. Mr. Hall's employment term is also extended through December 31, 2031, ensuring long-term stability and leadership continuity. Additional details are available in an SEC filing.

A Gartner survey reveals that 84% of business leaders and employees believe their company's identity must change significantly to achieve objectives. Conducted with 1,154 participants, the survey shows that 75% think companies should better align external audience views with their identity. Despite this, 72% of leaders feel marketing isn't instrumental in business evolution. Gartner experts shared these findings at the Gartner Marketing Symposium/Xpo, emphasizing the importance of corporate narratives in driving business transformation. Leaders focusing on narrative activation over development see a 23% boost in performance, highlighting the need for marketing to play a strategic role. The study also found that most employees seek to align, persuade, and connect with the organization’s identity.

Gartner's B2B Commercial Strategy Survey revealed that marketing and sales teams collaborate on only three of 15 commercial activities. This lack of collaboration results in missed contributions and conflicting priorities between the functions. The survey involved 412 senior marketing and sales leaders in North America and Western Europe, conducted in November and December 2023. Findings indicate a significant opportunity for growth if marketing and sales align their efforts, particularly in understanding buyer journeys and sales enablement. Shared insights can improve sales conversion rates by 2.3x and revenue growth expectations by 1.6x. Organizations that blend rep-led and digital interactions are 3.9x more likely to exceed profit growth expectations. The survey results were presented at the Gartner Marketing Symposium/Xpo in Denver, emphasizing the need for strategic collaboration to drive commercial success.

Gartner, Inc. (NYSE: IT) has announced the Gartner Marketing Symposium/Xpo, scheduled for June 3-5, 2024, in Denver, CO. The event will focus on equipping CMOs and marketing leaders with strategies to navigate constant disruptions, particularly the impact of AI on marketing. The symposium will feature over 40 Gartner experts and 125+ sessions, covering topics from brand strategy to data privacy. Keynote speakers include Matt Moorut, Kristina LaRocca-Cerrone, Carla Harris, and Alton Fitzgerald White. Early-bird registration is available until April 5, 2024, offering a $550 discount.

Gartner (NYSE: IT) has announced that Craig Safian, EVP & CFO, will present at the William Blair Growth Stock Conference. The presentation is scheduled for 10:40 am CT on Wednesday, June 5, 2024. A live webcast will be accessible via Gartner's investor relations website, with a replay available for 30 days post-event.