TechTarget: 2Q Earnings Snapshot
Aug. 09, 2018
NEWTON, Mass. (AP) _ TechTarget Inc. (TTGT) on Wednesday reported second-quarter earnings of $4.4 million.
The Newton, Massachusetts-based company said it had net income of 15 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 21 cents per share.
The operator of websites for information technology vendors posted revenue of $31.5 million in the period.
For the current quarter ending in October, TechTarget said it expects revenue in the range of $30 million to $31 million.
The company expects full-year revenue in the range of $122 million to $124 million.
TechTarget shares have more than doubled since the beginning of the year. The stock has more than tripled in the last 12 months.