The Board of Directors of Forrester Research Inc. has appointed Scott Chouinard, age 40, to the position of Chief Accounting Officer, effective November 18, 2009. The position has no specific term of office. Prior to joining the company, Mr. Chouinard was Controller at Epix Pharmaceuticals Inc. Prior to Epix Pharmaceuticals, Mr. Chouinard held various senior financial positions with Fisher Scientific International Inc., including Vice President, Finance from 2005-2006 and Chief Accounting Officer from 2004-2005.

Forrester Research Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported total revenues of $53.881 million, income from operations of $7.950 million, income from operations before income tax provision of $7.678 million and net income of $4.300 million or $0.19 per diluted share against revenues of $59.506 million, income from operations of $8.595 million, income from operations before income tax provision of $10.068 million and net income of $6.388 million or $0.27 per diluted share for the same period last year. On a pro forma basis, net income was $6.2 million, or $0.27 per diluted share, for the third quarter of 2009, which reflects a pro forma effective tax rate of 40%. This compares with pro forma net income of $7.4 million, or $0.31 per diluted share, for the same period in 2008. For the nine months, the company reported total revenues of $171.866 million, income from operations of $23.353 million, income from operations before income tax provision of $23.852 million and net income of $13.083 million or $0.57 per diluted share against revenues of $177.954 million, income from operations of $25.568 million, income from operations before income tax provision of $32.925 million and net income of $20.061 million or $0.85 per diluted share for the same period last year. Net cash provided by operating activities was $36.469 million against $40.353 million last year. Purchases of property and equipment were $3.464 million against $2.730 million last year. The company expects the total revenues of approximately $230 million to $233 million for the year of 2009, operating margin of approximately 13% to 14%, other income of approximately $2.7 million and diluted earnings per share of approximately $0.80 to $0.87. The company expects pro forma operating margin of approximately 16% to 18% and pro forma diluted earnings per share of approximately $0.26 to $0.30.

Forrester Research Inc. expected to Report Fiscal Year 2009 Results on February 8, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).