About Forrester
Forrester Research, Inc. (Nasdaq: FORR) is an independent technology and
market research company that provides pragmatic and forward-thinking advice
to global leaders in business and technology. For more than 25 years,
Forrester has been making leaders successful every day through its
proprietary research, consulting, events, and peer-to-peer executive
programs.
Learn more about Forrester's history.
The Forrester Difference
Forrester focuses on the business implications of technology change. Uniquely, Forrester guides marketing executives, business strategists, and IT professionals to create a unified technology plan that gains business advantage.
Market Facts
Market: Nasdaq
Symbol: FORR
Fiscal year-end: December 31
Initial public offering (pre-split): 2,300,000 shares (November 1996) $16 per share
Stock split: 2:1 February 7, 2000
Secondary public offering (post-split): 626,450 shares (February 2000) $39 per share
Key Metrics
| METRIC |
2004 |
2005 |
2006* |
| Total revenues |
$137.6M |
$151.4M |
$181.5M |
| Net income |
$4.1M |
$11.3M |
$16.2M |
| Pro forma net income** |
$13.5M |
$15.1M |
$22.3M |
| Diluted EPS |
$0.18 |
$0.52 |
$0.70 |
| Pro forma diluted EPS** |
$0.60 |
$0.69 |
$0.97 |
| Agreement value |
$137.1M |
$148.6M |
$172.8M |
| Client companies |
1,866 |
1,980 |
2,312 |
* Preliminary and unaudited. In connection with an investigation into its historical stock option granting practices, Forrester has announced that it will need to restate its historical financial statements to record additional charges for compensation expense and related tax impacts.
** Our pro forma presentation excludes amortization of intangibles and other integration costs related to acquisitions, reorganization costs, and impairments of non-marketable investments, as well as their related tax effects. This does not purport to be prepared in accordance with Generally Accepted Accounting Principles.