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Why Consulting Firm Gartner's Shares Are Surging Today
Gartner Inc (NYSE:IT) shares are trading higher after the company reported second-quarter FY24 sales growth of 6.1% year-on-year to $1.595 billion, marginally above the analyst consensus estimate of $1.585 billion.
Selling, general and administrative expenses increased 4.7% to $712.1 million. Operating income for the quarter increased 12.7% to $319 million and the operating margin expanded 120 basis points to 20%
Adjusted EBITDA for the quarter ...