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Techtarget Inc   (TTGT)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services
 
Price: $30.4600 $0.64 2.146%
Day's High: $30.58 Week Perf: -4.12 %
Day's Low: $ 29.43 30 Day Perf: -6.33 %
Volume (M): 246 52 Wk High: $ 41.93
Volume (M$): $ 7,502 52 Wk Avg: $31.83
Open: $29.73 52 Wk Low: $23.43



 Market Capitalization (Millions $) 859
 Shares Outstanding (Millions) 28
 Employees 1,480
 Revenues (TTM) (Millions $) 241
 Net Income (TTM) (Millions $) 13
 Cash Flow (TTM) (Millions $) -152
 Capital Exp. (TTM) (Millions $) 14

Techtarget Inc
Techtarget Inc. is a global media company and online technology publishing platform that provides technology-related news, research reports, and analysis, as well as educational resources for IT professionals around the world. The company was founded in 1999 and is headquartered in Newton, Massachusetts, with additional offices in Europe, Asia, and Australia.

Techtarget focuses on serving two key audiences: IT professionals and technology vendors. For IT professionals, the company's primary offering is a massive library of original content, including articles, blog posts, whitepapers, and webcasts, covering topics such as cybersecurity, cloud computing, data management, networking, and more.

In addition to its media properties, Techtarget also offers lead generation services to technology vendors. Through its network of more than 140 websites, Techtarget is able to generate qualified leads for companies looking to promote their technology products and services to IT professionals.

Techtarget's content is primarily funded through advertising and lead generation services sold to its vendor customers, and the company has been consistently profitable since its founding. The company has received numerous industry accolades, including being named one of the fastest-growing technology companies in North America by Deloitte Fast 500 in 2017 and 2018.

Overall, Techtarget has established itself as a leader in the technology publishing space, with a deep focus on serving and engaging IT professionals and helping technology vendors reach their target audience.


   Company Address: 275 Grove Street Newton 2466 MA
   Company Phone Number: 431-9200   Stock Exchange / Ticker: NASDAQ TTGT
   


   

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Product Service News

TechTarget and Informa PLC Unite to Create a Powerful Global Platform for B2B Data and Market Access

Published Wed, Jan 10 2024 9:30 PM UTC

TechTarget and Informa PLC Join Forces to Create a Leading Global Platform in B2B Data and Market AccessTechTarget, a leading provider of B2B technology marketing and purchase-intent data services, and Informa PLC, a FTSE-50 UK Group with expertise in B2B events and digital services, have announced a strategic combination that aims to expand their scale and leadership positi...

Techtarget Inc

Tech Giant Faces Catastrophic Plunge with a Whopping -86.96% Income Drop in Q3 of 2023

Techtarget Inc, a leading provider of online content and marketing solutions for technology vendors, has experienced a significant decline in revenue and profits for the most recent fiscal period. The company reported a revenue decrease of 26.812%, falling to $56.18 million compared to $76.76 million the previous year. Similarly, the earnings per share (EPS) dropped to $0.06 per share, down from $0.46 per share in the previous year, representing a decline of 86.96%.
This sharp decline in business performance is in stark contrast to the overall Communications Services industry, which witnessed a revenue improvement during the same period. The industry's growth highlights the challenging market conditions faced by Techtarget Inc, as its competitors seemed to navigate the industry landscape more effectively.

Techtarget Inc

Techtarget Inc Reels from Devastating Revenue Plummet, Faces Bleak Future in Q2 2023

Techtarget Inc has encountered significant challenges in the second quarter of 2023, resulting in a bearish outlook for the company. The most concerning factor is the drastic decline in revenue, which has plummeted by an alarming 27.318% compared to the previous year. This decline has had a detrimental impact on the company's profits, with a staggering slump of 73.68%.
During the second quarter of 2023, Techtarget Inc recorded earnings of $57.33 million in revenue, a considerable drop from $78.88 million in the same period the year before. Furthermore, the earnings per share (EPS) also experienced a significant decline, falling from $0.38 to a mere $0.10. This signifies a worrisome trend for the company's financial performance.

Techtarget Inc

Techtarget Inc's First Quarter Earnings for 2023 Disappoint with Sharp Drop in EPS and Revenue

Techtarget Inc Announces Disappointing First Quarter Earnings for 2023
Techtarget Inc, a leading provider of data-driven content for IT professionals, recently announced its first quarter earnings for 2023. The results were disappointing, with a significant decline in net profit per share, earnings per share, and revenue.
The net profit per share for the first quarter of 2023 saw a sharp plunge of -73.91%, dropping from $0.23 per share in the previous year to $0.06 per share. Furthermore, earnings per share also saw a significant decline of -70.5%, dropping to $0.20 per share from $0.67 in the preceding quarter. The revenue for the quarter also decreased by -17.199%, falling from $68.17 million to $56.44 million. Sequentially, revenue fell by -20.44% from $70.94 million.






 

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