Latest News by Industry
CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Forrester Research Inc. (FORR) on Thursday reported a fourth-quarter loss of $1.6 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 9 cents. Earnings, adjusted for one-time gains and costs, were 45 cents per share.
The technology research company posted revenue of $136.9 million in the period.
For the year, the company reported profit of $21.8 million, or $1.14 per share. Revenue was reported as $537.8 million.
Forrester Research expects full-year earnings in the range of $2.25 to $2.45 per share, with revenue in the range of $518 million to $538 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a FORR">Zacks stock report on FORR at https://www.zacks.com/ap/FORR