Welcome to our dedicated page for Gartner news (Ticker: $IT), a resource for investors and traders seeking the latest updates and insights on Gartner stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gartner's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gartner's position in the market.
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Gartner, Inc. reported strong Q3 2023 results with revenues of $1.4 billion (+5.8% YoY), net income of $180 million (+3.7% YoY), and adjusted EBITDA of $333 million (+0.6% YoY). Diluted EPS increased to $2.26 (+4.1%), and adjusted EPS rose to $2.56 (+6.2%). Operating cash flow reached $331 million (+5.1%), and free cash flow amounted to $302 million (+6.9%). The company repurchased 0.6 million common shares for $209 million and increased the share repurchase authorization by $500 million. Gartner is optimistic about its performance in 2023 and beyond.
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14.55%
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Gartner, Inc. to report Q3 2023 financial results
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Worldwide IT spending projected to increase by 8% in 2024, driven by investment in AI and automation. GenAI not expected to have a material impact until 2025. Cloud spending to drive double-digit growth in software and IT services segments. Cybersecurity spending also increasing. Change fatigue causing hesitation in new IT spending.
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CIOs and Technology Executives Say GenAI is a Game-Changing Technology
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-0.9%
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Gartner announces top strategic technology trends for 2024 at IT Symposium/Xpo
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Generative AI is transforming how humans and machines interact, according to Gartner. By 2025, GenAI will be a workforce partner for 90% of companies worldwide. CIOs play a major role in shaping AI and unlocking its value. Organizations should prioritize their AI ambition and become AI-ready. Everyday AI focuses on productivity, while game-changing AI is focused on creativity and can disrupt business models. CIOs can help define their organization's AI ambition by examining opportunities and risks in various areas. Few organizations have established lighthouse principles or a clear vision for AI. To adopt generative AI, organizations must establish AI-ready principles, make data AI-ready, and implement AI-ready security.
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Gartner IT Symposium/Xpo 2023 is the world's most important gathering of CIOs and other IT executives. Over 8,000 CIOs and senior leaders will explore the technology, insights and trends shaping the future of IT and business, including generative AI, business transformation, cybersecurity, customer experience, data analytics, executive leadership and more.
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Gartner's CFO to participate in fireside chat at Goldman Sachs Communacopia + Technology Conference
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2.11%
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Gartner, Inc. reported strong second-quarter results with revenues of $1.5 billion, a 9.2% increase YoY. Net income was $198 million, a decrease of 3.4% YoY. Adjusted EBITDA was $384 million, a 1.2% decrease YoY. Diluted EPS was $2.48, a 2.0% decrease YoY. Operating cash flow was $436 million, and free cash flow was $410 million, a 4.0% increase YoY. The company repurchased 0.4 million common shares for $132 million.
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Gartner, Inc. (NYSE: IT) will report its financial results for second quarter 2023 before the market opens on Tuesday, August 1, 2023. The press release and earnings supplement, with accompanying financial information, will be posted on the Gartner investor website. The company plans to host a webcast call at 8:00 a.m. ET to discuss its financial results for the quarter. Listeners can access the webcast live and a replay will be available for approximately 30 days following the call.
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Gartner, Inc.
NYSE:IT
IT Rankings
IT Stock Data
33.28B
75.44M
3.11%
93.21%
1.34%
Data Processing, Hosting, and Related Services
Information
United States of America
STAMFORD
About IT
gartner, inc. (nyse: it) is the world's leading information technology research and advisory company. we deliver the technology-related insight necessary for our clients to make the right decisions, every day. from cios and senior it leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, we are the valuable partner to clients in over 9,000 distinct enterprises worldwide. through the resources of gartner research, gartner executive programs, gartner consulting and gartner events, we work with every client to research, analyze and interpret the business of it within the context of their individual role. founded in 1979, gartner is headquartered in stamford, connecticut, usa., and has 6,400 associates, including more than 1,480 research analysts and consultants, and clients in 85 countries.