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TechTarget: 2Q Earnings Snapshot

August 9, 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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTGT at https://www.zacks.com/ap/TTGT

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