TechTarget: 3Q Earnings Snapshot

November 6, 2019 GMT

NEWTON, Mass. (AP) _ TechTarget Inc. (TTGT) on Wednesday reported third-quarter profit of $5.1 million.

On a per-share basis, the Newton, Massachusetts-based company said it had profit of 19 cents. Earnings, adjusted for one-time gains and costs, were 26 cents per share.

The operator of websites for information technology vendors posted revenue of $33.8 million in the period.

For the current quarter ending in December, TechTarget said it expects revenue in the range of $35 million to $36 million.

The company expects full-year revenue in the range of $133 million to $134 million.

TechTarget shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $25.18, a climb of 23% 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