TechTarget Reports Q1 Beat
<p><a href='https://financialmodelingprep.com/financial-summary/TTGT'>TechTarget, Inc. (NASDAQ:TTGT) </a>reported its Q1 results, with EPS of $0.53 coming in better than the consensus estimate of $0.47. Revenue was $68 million, compared to the consensus estimate of $66.55 million, driven by execution, a strong demand environment and continued Priority  Engine adoption (up 20% year-over-year). </p>
<p>The company indicated that the IT spending environment remains robust and highlighted end user traffic remains strong. The company's transition to a stickier, software solution continues to progress with 41% of Q1 revenue from "Longer-Term Revenue" and recent product enhancements driving adoption by sales reps and smaller organizations, meaningfully expanding the company's addressable opportunity. </p>

NASDAQ:TTGT