TechTarget Inc. Reports H1 Revenue Slight Decline of 4.3%, Adjusted Operating Profit at £0.2m, Ahead of Guidance
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TechTarget Inc. (Nasdaq: TTGT) reported a 4.3% decline in H1 revenue to £171.6 million, slightly better than the anticipated 5% drop. The company achieved an Adjusted Operating Profit of £0.2 million but faced a non-cash impairment charge of £484.2 million. For 2025, TechTarget expects flat revenues compared to 2024 and an Adjusted EBITDA exceeding $85 million. The company aims for over $10 million in cost synergies and plans to improve revenue and margins in the latter half of the year.
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