Forrester Research shares rise 14.07% intraday after beating Q2 revenue estimates and reporting strong earnings.

Forrester Research, Inc. rose 14.07% intraday, with the company reporting second-quarter earnings that exceeded Wall Street expectations. The technology research company posted revenue of $111.7 million, beating Street forecasts of $110 million. Additionally, Forrester Research reported a profit of $3.9 million, or 20 cents per share, with adjusted earnings of 51 cents per share, surpassing the average estimate of 50 cents per share.