TechTarget Inc reports results for the quarter ended in September - Earnings Summary

TechTarget

10/11/2022 07:11

* TechTarget Inc  TTGT.OQ  reported quarterly adjusted
earnings of
68 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was
for earnings of 65 cents per share.
    * Revenue rose 11% to $77.41 million from a year ago;
analysts
expected $80.02 million. 
    * TechTarget Inc's reported EPS for the quarter was 46
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * TechTarget Inc shares had fallen by 14.4% this quarter and
lost 47.0% so far this year.
    * The company reported quarterly net income of $14.84
million.
    * Wall Street's median 12-month price target for TechTarget
Inc is
$83.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 07:11 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.65           0.68           Beat
 Jun. 30 2022      0.61           0.68           Beat
 Mar. 31 2022      0.47           0.53           Beat
 Dec. 31 2021      0.65           0.66           Beat