U.S. Movers: TechTarget
- Scott Peters
- U.S.A. New York City
-
TechTarget said net loss expanded in the first quarter, and the data services provider expects a mid-single-digit revenue decline over the first six months of the year.
TechTarget Inc. plunged 12.3% to $6.89 after the content and research publisher for technology buyers reported weaker-than-expected results for the first quarter of 2025 ending on March 31.
Revenue rose to $103.89 million from $58.66 million but fell 6% on a consolidated basis after the purchase by Informa, and net loss expanded to $544.88 million from a loss of $19.51 million a year ago.
The company said operating loss widened to $508.80 million from a loss of $22.46 million a year earlier.
TechTarget guided a mid-single-digit revenue decline over the first six months of the year on a combined company basis.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| TechTarget Inc | TTGT | 0% | -15% | -18% |
| Unifirst Corporation | UNF | -13% | 7% | -4% |
| Constellation Brands Inc | STZ | 1% | -9% | -1% |