| Sector: Technology | Industry: IT Services & Consulting |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 275 Grove Street NEWTON MA 02466 |
| Tel: | 1-617-4319449 |
| Website: | https://www.techtarget.com |
| IR: | See website |
| Key People | ||
| Gregory M. Strakosch Executive Chairman of the Board | Rebecca Kitchens President | Michael Cotoia Chief Executive Officer, Director |
| Daniel T. Noreck Chief Financial Officer, Treasurer | Steven Niemiec Chief Operating Officer & Chief Revenue Officer | Donald W. Hawk Executive Director, Product Innovation |
| Business Overview |
| 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. |
| Financial Overview |
| For the three months ended 31 March 2024, TechTarget Inc revenues decreased 10% to $51.6M. Net loss totaled $10.1M vs. income of $1.6M. Revenues reflect United States segment decrease of 9% to $39.8M, United Kingdom segment decrease of 17% to $5M. Net loss reflects General and administrative increase of 11% to $3.8M (expense), Depreciation, excluding depreciation increase of 16% to $2.3M (expense). |
| Employees: | 960 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $967.16M as of Mar 31, 2024 |
| Annual revenue (TTM): | $224.49M as of Mar 31, 2024 |
| EBITDA (TTM): | $14.79M as of Mar 31, 2024 |
| Net annual income (TTM): | -$7.27M as of Mar 31, 2024 |
| Free cash flow (TTM): | $48.32M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $79.87M as of Mar 31, 2024 |
| Shares outstanding: | 28,548,634 as of May 6, 2024 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |