TechTarget (TTGT) Misses Q1 EPS by 2c; Issues Light Q2 Outlook

TechTarget (NASDAQ: TTGT) reported Q1 EPS of $0.00, $0.02 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $25.03 million versus the consensus estimate of $24.29 million.

GUIDANCE:

TechTarget sees Q2 2016 revenue of $29-30.1 million, versus the consensus of $32.4 million. The company also said: We expect online revenues to be between $27.6 million and $28.6 million, and we expect events revenues to be between $1.4 million and $1.5 million. We expect Adjusted EBITDA to be between $6.0 million and $7.0 million.

For earnings history and earnings-related data on TechTarget (TTGT) click here.

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