TechTarget (NASDAQ: TTGT) saw its shares plummet 10.19% in after-hours trading on Tuesday following the release of its preliminary first-quarter 2025 results. The company reported revenues of $104 million, falling short of analyst expectations of $106.19 million by 2.06%.

Despite the revenue miss, TechTarget's Q1 sales represent a significant year-over-year increase of 101.41% compared to $51.64 million in the same period last year. This substantial growth, however, was not enough to appease investors who had higher expectations for the company's performance.

In light of the preliminary results, TechTarget reaffirmed its full-year expectations for 2025, suggesting that the company remains confident in its overall business outlook despite the Q1 revenue shortfall. The market's sharp reaction indicates that investors may be concerned about the company's ability to meet future growth targets in an increasingly competitive digital marketing landscape.