earnings
confidence high
sentiment neutral
materiality 0.70
Informa TechTarget reports FY2024 revenue $285m; Combined $490m; net loss $117m
TechTarget, Inc.
- GAAP net loss of $117M on reported revenue of $285M; Adjusted EBITDA $31M.
- Combined company revenue (pro forma) of $490M, net loss $166M, Adj. EBITDA $82M.
- CEO cites 'robust performance' and focus on cost synergies; addressable market $20B.
- Reported revenue up 13% YoY but net loss widened from $58M in 2023 to $117M.
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