{"id":43309,"date":"2023-08-02T00:04:22","date_gmt":"2023-08-02T04:04:22","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/gartner-cuts-revenue-views-on-research-hit\/"},"modified":"2023-08-02T00:04:23","modified_gmt":"2023-08-02T04:04:23","slug":"gartner-cuts-revenue-views-on-research-hit","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=43309","title":{"rendered":"Gartner Cuts Revenue Views on Research Hit"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230801-704142\" role=\"document\">\n<p>By Sabela Ojea<\/p>\n<pre><\/pre>\n<p>Gartner cut its revenue guidance for the year amid views for a weaker research business unit due to current tech vendor market dynamics.<\/p>\n<p>The Stamford, Conn.-based research and advisory company said Tuesday that it now expects full-year revenue of $5.85 billion, down from $5.90 billion three months ago.<\/p>\n<div class=\"paywall\">\n<p>Analysts polled by FactSet forecast revenue of $5.81 billion for 2023.<\/p>\n<p>The company expects research revenue of $4.86 billion, down from $4.93 billion previously, and higher conference revenue of $490 million amid strong demand levels, ahead a prior guidance of $470 million.<\/p>\n<p>Additionally, Gartner raised its adjusted earnings per share to $10 a share from $9.50, as well as its adjusted earnings before interest, taxes, depreciation and amortizaton to $1.36 billion, from $1.33 billion previously.<\/p>\n<pre><\/pre>\n<p>Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/gartner-cuts-revenue-views-on-research-hit-2ce16baa?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Sabela Ojea Gartner cut its revenue guidance for the year amid views for a weaker research business unit due to current tech vendor market dynamics. The Stamford, Conn.-based research and advisory company said Tuesday that it now expects full-year revenue of $5.85 billion, down from $5.90 billion three months ago. Analysts polled by FactSet [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-43309","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gartner Cuts Revenue Views on Research Hit | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Sabela Ojea Gartner cut its revenue guidance for the year amid views for a weaker research business unit due to current tech vendor market dynamics.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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