Informa TechTarget reported third quarter revenues of $122.0 million, representing a sequential increase of 2% from $120.0 million in the previous quarter and a year-on-year growth of 1% on a combined company basis. Adjusted EBITDA for Q3 was $46.0 million, with an Adjusted EBITDA margin of 13%. The company reaffirmed its full year guidance, targeting broadly flat revenues and at least $85.0 million in Adjusted EBITDA. Key business developments included the completion of a reorganization plan to reduce costs, the launch of the Informa TechTarget Portal leveraging a combined audience dataset, and the consolidation of Intelligence & Advisory services under the Omdia brand.
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