Key Developments For TechTarget Inc
TechTarget Inc (TTGT.O) (Consolidated Issue listed on NASDAQ Global Market)
TechTarget Inc Issues Q4 2009 Guidance; Revenue Guidance Below Analysts' Estimates
TechTarget Inc announced that for the fourth quarter of 2009, it expects total revenues to be within the range of $21.8 million to $22.8 million and adjusted EBITDA within the range of $4.5 million to $5.3 million, excluding costs associated with the investigation into the accounting matter. According to Reuters Estimates, analysts were expecting the Company to report revenue of $24.4 million and EBITDA of $5.3 million for the same period.
TechTarget Inc Issues Q3 2009 Guidance Above Analysts' Estimates
TechTarget Inc announced that for the third quarter of 2009, it expects total revenues to be within the range of $21.7 million to $22.7 million and adjusted EBITDA to be within the range of $4.0 million to $4.8 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $20.7 million and EBITDA of $3.3 for the same period.
TechTarget Inc To Launch Operations In India
TechTarget Inc announced the launch of its operations in India.
TechTarget Inc Sees Q1 2009 Revenue at Top-End of Prior Outlook Range; Raises Q1 2009 EBITDA Outlook; Comments on Q2 2009 Revenue Outlook
TechTarget Inc announced that for the first quarter of 2009, it expects revenue to be in the upper end of the revenue guidance previously provided. Preliminary adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization, as further adjusted for stock-based compensation) is expected to exceed the upper end of the guidance range. For the second quarter of 2009, the Company expects total revenues to increase sequentially over the first quarter by approximately 20%.
TechTarget Inc Issues Q1 2009 Guidance Below Analysts' Estimates
TechTarget Inc announced that for first quarter of 2009, it expects total revenues to be within the range of $17-$18 million and adjusted EBITDA to be within the range of negative $0.7 million to positive $0.20 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $21 million and EBITDA of $3.41 for the same period.
