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TechTarget: 2Q Earnings Snapshot

NEWTON, Mass. (AP) _ TechTarget Inc. (TTGT) on Wednesday reported second-quarter profit of $4.2 million.

On a per-share basis, the Newton, Massachusetts-based company said it had profit of 15 cents. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.

The operator of websites for information technology vendors posted revenue of $34.3 million in the period.

For the current quarter ending in October, TechTarget said it expects revenue in the range of $33 million to $34 million.

TechTarget shares have climbed 75% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $21.35, a fall of 26% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTGT at https://www.zacks.com/ap/TTGT