Recap: TechTarget Q3 Earnings

TechTarget (NASDAQ:TTGT) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:03 PM. Here’s what investors…

TechTarget (NASDAQ:TTGT) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:03 PM.

Here’s what investors need to know about the announcement.

Earnings

TechTarget beat estimated earnings by 19.44%, reporting an EPS of $0.43 versus an estimate of $0.36.

Revenue was down $20.28 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 6.77% increase in the share price the next day.

Here’s a look at TechTarget’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.39 0.36 0.52 0.65
EPS Actual 0.45 0.41 0.68 0.68
Revenue Estimate 56.84M 57.05M 71.02M 80.07M
Revenue Actual 58.43M 57.11M 73.03M 77.41M

To track all earnings releases for TechTarget visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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