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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.


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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