IT Stock Recent News

IT delivered strong 4Q24 results with 8.1% y/y revenue growth, driven by research, conferences, and consulting, and plans to expand the sales force. RCV growth accelerated for three consecutive quarters, indicating sustained future revenue growth and potential for research revenue to exceed 10% in FY25. Consulting and conference segments showed significant growth, reinforcing the view that underlying demand is back, with strong forward bookings for FY25.

Company's Recognition Based on Completeness of Vision and Ability to Execute BURLINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced its recognition in the 2025 Gartner Magic Quadrant for Digital Experience Platforms¹.

Gartner, Inc. (NYSE:IT ) Q4 2024 Earnings Conference Call February 4, 2025 8:00 AM ET Company Participants David Cohen - Senior Vice President of Investor Relations Gene Hall - Chairman & Chief Executive Officer Craig Safian - Chief Financial Officer Conference Call Participants Jeffrey Meuler - Baird Toni Kaplan - Morgan Stanley Faiza Alwy - Deutsche Bank Andrew Nicholas - William Blair Manav Patnaik - Barclays Surinder Thind - Jefferies Joshua Chan - UBS George Tong - Goldman Sachs Jeff Silber - BMO Capital Markets Jason Haas - Wells Fargo David Cohen Good morning, everyone. Welcome to Gartner's Fourth Quarter 2024 Earnings Call.

Strong growth across segments benefits the top line of IT in the fourth quarter of 2024.

Research and advisory specialist Gartner (IT -0.73%) reported fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 4, that topped analysts' consensus estimates. Adjusted earnings per share (EPS) of $5.45 blew past the expected $3.25, a 68% surprise.

While the top- and bottom-line numbers for Gartner (IT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Gartner (IT) came out with quarterly earnings of $5.45 per share, beating the Zacks Consensus Estimate of $3.22 per share. This compares to earnings of $3.04 per share a year ago.

STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE: IT), today reported results for the fourth quarter of 2024 and provided its financial outlook for the full year 2025.

IT's top line in the fourth quarter of 2024 is likely to have gained from higher contract value from clients and a surge in destination conferences.

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