TechTarget: 3Q Earnings Snapshot
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.