TechTarget, Inc. (NASDAQ:TTGT) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.26 per share.
For the full year, analysts predict revenues of $ 137.28 million, while looking forward to income of $ 1.01 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 34.50 million ~ $ 35.50 million
Full Year 2020 topline are forecasted in a range of$ 146.00 million ~ $ 148.00 million
Click Here For More Historical Outlooks Of TechTarget, Inc.
Previous Quarter Performance
TechTarget, Inc. came out with income for the second quarter of $ 0.28 per share, from the revenue of $ 34.80 million. According to street consensus, TTGT was expected to report 2Q20 income of $ 0.24 per share from revenue of $ 33.79 million. The bottom line results beat street analysts by $ 0.04 or 16.67 percent, at the same time, top line results outshined analysts by $ 1.01 million or 2.99 percent.
Stock Performance
Shares of TechTarget, Inc. traded low $ -0.11 or -0.25 percent on Tuesday, reaching $ 43.95 with volume of 177.50 thousand shares. TechTarget, Inc. has traded high as $ 44.98 and has cracked $ 43.85 on the downward trend
According to the previous trading day, closing price of $ 43.95, representing a 161.95 % increase from the 52 week low of $ 16.82 and a 13.91 % decrease over the 52 week high of $ 51.18.
The company has a market capital of $ 1.21 billion and is part of the Technology sector and Internet Content & Information industry.
Conference Call
TechTarget, Inc. will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.techtarget.com
TechTarget, Inc. provides specialized online content for buyers of enterprise information technology (IT) products and services in the United States, the United Kingdom, and internationally. It also provides purchase-intent marketing and sales services for enterprise technology vendors; and customized marketing programs that integrate demand generation and brand advertising techniques.
