TechTarget Q1 revenue $104M, net loss ~$500M on impairment; reaffirms FY outlook

TechTarget, Inc.

2025-Q2 EPS reported -$12.90 revenue$223,830,000

Revenue $104M, +77% reported YoY but -6% on combined-company basis (Q1 2024: $59M reported, $110M pro forma).
Preliminary net loss $513M-$545M, including a technical non-cash impairment from market cap vs book value.
Adjusted EBITDA $3M (3% margin), down ~79% vs combined-company Q1 2024 EBITDA of $13M.
Full-year guidance reaffirmed: broadly flat revenue with YoY improvement in adjusted EBITDA.
Mid-single-digit revenue decline expected for first half of 2025 on combined-company basis.

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