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Gartner, Inc. delivers actionable, objective business and technology insights through Business and Technology Insights, Conferences and Consulting. Company updates commonly cover quarterly results, contract value in Global Technology Sales and Global Business Sales, adjusted earnings measures, free cash flow, outlook, stock repurchases and capital allocation.
Recurring announcements also include Gartner Symposium/Xpo and summit programs for finance, security and risk management, cybersecurity and AI strategy, along with investor-conference appearances and research-led tools such as AskGartner AI.
Gartner, Inc. (NYSE: IT) reported its Q3 2020 results, revealing a slight revenue decline of 0.6% year-over-year at $995 million. However, adjusted EBITDA increased by 20.0% to $168 million, and free cash flow rose by 24.9% to $229 million. The company raised its guidance for the full year, highlighting strong demand. Notably, net income fell by 59.0% to $17 million, with diluted EPS dropping to $0.19, a decline of 58.7%. Segment performance showed growth in Global Technology Sales and Global Business Sales contract values, up 5.2% and 5.6% respectively.
Gartner, Inc. (NYSE: IT) will release its third-quarter 2020 financial results before the market opens on November 3, 2020. A webcast is scheduled for the same day at 8:00 AM Eastern to discuss the results. Investors can access the press release and supplementary information on the Gartner investor website. Gartner is a leading research and advisory firm, serving over 14,000 clients globally, providing insights and tools to enhance business decision-making.
Gartner emphasizes the importance of composable business for enhancing resilience and sustainability in organizations amid ongoing disruptions like COVID-19. A recent survey indicated that 69% of corporate directors aim to accelerate digital strategies. The concept revolves around three building blocks: Composable Thinking, Composable Business Architecture, and Composable Technologies. Implementing these strategies can lead to increased agility, speed, and resilience, as evidenced by a Chinese retailer's successful pivot during the pandemic.
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