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News Breaks
16:31 EDTTTGT
theflyonthewall.com: TechTarget delays earnings release, releases estimated Q3 results, guidance
TechTargetr recently identified an improper accounting practice relating to certain customer credits that were improperly eliminated as liabilities on the company's balance sheet. The company believes that the result of this practice was that expenses were understated by approximately $353K in 2007, $426K in 2008 and ($15,000) in 2009. As a result, TechTarget is delaying the filing of its Quarterly Report on Form 10-Q for Q3, and the Audit Committee of TechTarget’s Board of Directors is currently conducting an investigation into this matter. The company estimates Q3 sales were $23.3M vs. consensus of $22.19M and estimates Q3 GAAP net income at 0c vs. consensus of 5c. TechTarget sees Q4 sales $21.8M-$22.8M vs. consensus of $24.37M. :theflyonthewall.com



News For TTGT From The Last 14 Days
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February 9, 2010
09:02 EDTTTGT
theflyonthewall.com: TechTarget pricing in recovery in online advertising, says Collins Stewart

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February 8, 2010
08:43 EDTTTGT
theflyonthewall.com: TechTarget sees Q4 EBIDTA $4.5M-$5.3M

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:theflyonthewall.com
08:39 EDTTTGT
theflyonthewall.com: TechTarget reports Q3 EPS 6c vs. consensus of 6c
Reports Q3 revenue $23.1M vs. consensus $23.01M. :theflyonthewall.com

February 1, 2010
14:19 EDTTTGT
theflyonthewall.com: TechTarget acquires RTFM-ed.co.uk from RTFM Education

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:theflyonthewall.com