Recap: TechTarget Q1 Earnings

TechTarget TTGT reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:06 PM.

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

Earnings

TechTarget beat estimated earnings by 13.89%, reporting an EPS of $0.41 versus an estimate of $0.36.

Revenue was down $11.05 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 4.47% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.52 0.65 0.61 0.47
EPS Actual 0.68 0.68 0.68 0.53
Revenue Estimate 71.02M 80.07M 77.00M 66.55M
Revenue Actual 73.03M 77.41M 78.88M 68.17M

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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