Forrester Research, Inc. (FORR) Q3 2024 Earnings Call Transcript Summary
Forrester Research, Inc. (FORR) Q3 2024 Earnings Call Transcript Summary
Net income and earnings per share dropped by 35% and 34% respectively, with earnings per share at $0.29.The following is a summary of the Forrester Research, Inc. (FORR) Q3 2024 Earnings Call Transcript:
以下是Forrester Research, Inc.（FORR）2024年第三季度業績會議交流摘要：
Financial Performance:
財務表現:
Forrester's Q3 2024 revenue decreased by 10% with contract value declining by 5%.
Interest expense remained stable at $0.8 million, matching Q3 of the previous year.
Net income and earnings per share dropped by 35% and 34% respectively, with earnings per share at $0.29.
Forrester的2024年第三季度營業收入下降了10%，合同價值下降了5%。
利息支出保持穩定，爲80萬美元，與上一年第三季度相匹配。
淨利潤和每股收益分別下降了35%和34%，每股收益爲0.29美元。
Business Progress:
業務進展：
Forrester continues to progress with its Forrester Decisions (FD) migration, aiming to complete it within the year with over 80% of contract value in FD.
Launched the FD service for data, AI, and analytics leaders and other enhancements to Izola, an AI research tool, which is showing increased usage.
Divested the FeedbackNow product line to focus more on growth through the FD platform; related financial transactions included receiving $6 million in cash and a $9 million note.
Forrester繼續推進Forrester Decisions（FD）遷移，旨在在本年內完成，FD合同價值超過80%。
推出了針對數據、人工智能和分析領袖以及其他增強功能的FD服務，以及對AI研究工具Izola的增強，顯示出使用量增加。
將FeedbackNow產品線出售，以更專注於通過FD平台實現增長；相關財務交易包括收到600萬美元現金和900萬美元的票據。
Opportunities:
機會：
Opportunities for growth identified in the tech budget increases projected for 2025, particularly impacting technology executives and lifting Forrester's strategic positioning.
2025年科技預算增加帶來增長機遇，特別影響科技高管，並提升Forrester的戰略定位。
Risks:
風險：
Flat to marginally declining contract value forecast for the year-end indicates ongoing challenges amid uncertain economic conditions.
年底的略有下降的合同價值預測表明，在經濟形勢不確定的情況下，持續面臨挑戰。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由人工智能生成。內容準確性無法完全保證。如需更全面詳情，請參閱IR網站。本文僅供投資者參考，不具有任何指導或推薦建議。
