Gartner Posts Lower 4Q Earnings, Hurt by Costs And Consulting Demand - News Summed Up

Gartner Posts Lower 4Q Earnings, Hurt by Costs And Consulting Demand


By Will FeuerGartner posted lower fourth-quarter earnings, hit by rising costs and a slowdown in the company's consulting business. Revenue rose 5% to $1.59 billion, matching analysts' estimates, according to FactSet. Costs rose almost 10% to $1.28 billion. Research revenue rose about 6%, while revenue from conferences climbed 14%. Gartner's consulting unit posted revenue of $128 million, down about 7%.


Source: Wall Street Journal February 06, 2024 12:47 UTC



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