Gartner, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2022
August 02, 2022 at 06:00 am EDT
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Gartner, Inc. reported earnings results for the second quarter ended June 30, 2022. For the second quarter, the company reported sales was USD 113.5 million compared to USD 58.2 million a year ago. Revenue was USD 1,376.5 million compared to USD 1,167.3 million a year ago. Net income was USD 204.9 million compared to USD 271.2 million a year ago. Basic earnings per share from continuing operations was USD 2.55 compared to USD 3.16 a year ago. Diluted earnings per share from continuing operations was USD 2.53 compared to USD 3.13 a year ago.
Gartner, Inc. specializes in analysis and consulting services in IT and communication technologies. Net sales break down by activity as follows:
- research and analysis services (82.7%): conducting analyzes, market assessment, and publication of research to help clients gain market visibility and select suppliers of products or services best suited to their needs;
- consulting services (8.7%): consulting services in the selection and implementation of IT projects, digital marketing strategy, development and realization of information systems architectures, digital transformation projects, etc.;
- organization of congresses, conferences and exhibitions (8.6%).
At the end of 2023, the group had around 2,500 analysts and 950 consultants around the world.
Net sales are distributed geographically as follows: the United States and Canada (66.2%), Europe/Middle East/Africa (22.6%) and other (11.2%).