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Forrester Research FY23 Adj Compensation Expense $15M-$15.5M

Author: Benzinga Newsdesk | October 26, 2023 05:22pm

Adjusted financial guidance for the full-year 2023 excludes stock-based compensation expense of $15.0 million to $15.5 million, amortization of acquisition-related intangible assets of approximately $12.0 million, restructuring costs of approximately $12.2 million, a legal settlement of $4.8 million, and any investment gains or losses.

  • Adjusted operating margin of approximately 10.5% to 11.5%
  • Adjusted effective tax rate of approximately 29%
  • Adjusted diluted earnings per share of approximately $1.80 to $2.00

Posted In: FORR

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