Forrester Research, Inc. 8-K Summary
Business Context and Reporting Period
Forrester Research, Inc. (Nasdaq: FORR) filed a Current Report on Form 8-K on November 5, 2024. The filing announces financial results for the quarter ended September 30, 2024, pursuant to Item 2.02. The company is incorporated in Delaware and operates from its principal executive offices in Cambridge, Massachusetts.
Key Financial Metrics
The filing text provided does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a notice of the press release and defines the company's non-GAAP adjusted financial measures rather than reporting the raw financial data itself.
Material Changes and Adjustments
The filing details specific exclusions used to calculate adjusted financial results to ensure consistent quarter-over-quarter and year-over-year comparisons. These adjustments exclude:
- Amortization of acquisition-related intangible assets.
- Gains and losses from investments in non-marketable securities.
- Loss on the sale of a divested operation and related external costs incurred in the third quarter of 2024.
- Stock-based compensation expense.
- Restructuring costs, including reductions in force and asset impairment charges related to office space reductions.
- A one-time legal settlement accrual for a wage-related matter (excluded in 2023).
Guidance, Outlook, and Risks
The filing does not provide specific forward-looking guidance, outlook figures, or management commentary beyond the announcement of the results. It explicitly states that the information furnished is not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be incorporated by reference into other SEC filings. The company notes that adjusted measures should be considered in addition to, not as a substitute for, GAAP operating income.
Investor Verification Checklist
- Verify the specific revenue and earnings per share figures in the attached Press Release (Exhibit 99.1) referenced in this filing.
- Confirm the exact dollar amounts of the "loss on sale of divested operation" and "restructuring costs" excluded from adjusted results.
- Review the full text of the press release for any updated fiscal year guidance or strategic commentary not included in this 8-K summary.
- Check the company's most recent 10-Q or 10-K for the corresponding GAAP financial statements to compare against the adjusted metrics described.