TechTarget, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2023
November 08, 2023 at 09:02 pm
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TechTarget, Inc. provided earnings guidance for the fourth quarter and full year ending December 31, 2023. For the quarter, the company expects revenue to be between $55.0 million and $57.0 million. Net loss to be between $0.5 million and net income of $0.2 million.
For the year, the company expects revenue of $225 million to $230 million and net income of $2 million to 6.3 million.
TechTarget, Inc. is a provider of business-to-business (B2B) technology purchase intent data and marketing services. The Company's solutions are designed to enable B2B technology companies to identify, reach, and influence key enterprise technology decision makers. It offers products and services intended to improve information technology (IT) vendors' abilities to impact targeted audiences for business growth using advanced targeting, first-party analytics and data services complemented with customized marketing programs that integrate content creation, demand generation, brand marketing, and other advertising techniques. Its IT Deal Alert solution includes a suite of data, software and services. Its BrightTALK platform allows its customers to create, host and promote webinars, virtual events and video content. It operates a network of over 150 websites and 1,100 webinars and virtual event channels, which each focus on a specific IT sector such as storage, security or networking.