TechTarget Declines on Nasdaq Notice About Late 10-Q

Dow Jones
2025/06/03
 

By Josh Beckerman

 

Shares of TechTarget were down after the company received a Nasdaq non-compliance notice because of its late 10-Q.

The stock was down 9.5% to $7.32 Monday and is down 63% this year.

TechTarget has had accounting delays stemming from its combination with Informa Tech's digital businesses. Its operations include technology research business Omdia, data and marketing platforms, events and Industry Dive publications.

The company's 10-K for 2024 was delayed as its auditor worked on technical accounting issues related to the combination of a company reporting under U.S. generally accepted accounting principles and a carve-out from a U.K.-listed company reporting under International Financial Reporting Standards.

The 10-K was filed last week and TechTarget said it will file the 10-Q as soon as practicably possible. If Nasdaq accepts the company's plan to regain compliance, it may grant the company until Oct. 13 to file the 10-Q.

TechTarget said in April said it expects broadly flat 2025 revenue. The company said a "subdued" environment wasn't helped by recent financial market volatility.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

June 02, 2025 15:19 ET (19:19 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10