<a href="https://laohu8.com/S/TTGT">TechTarget</a> Inc. Reports H1 Revenue Slight Decline of 4.3%, Adjusted Operating Profit at £0.2m, Ahead of Guidance
TechTarget Inc. (Nasdaq: TTGT), operating as Informa TechTarget, has reported its half-year financial results, revealing a revenue of £171.6 million (approximately $223 million). This represents a 4.3% decline on an underlying and Combined Company basis, which is slightly ahead of the company's previous guidance that anticipated a 5% drop in revenues for the first half of 2025. The company announced an Adjusted Operating Profit of £0.2 million, alongside a non-cash impairment charge of £484.2 million for the period. Looking ahead, Informa TechTarget has provided guidance for the full year 2025, expecting revenues to remain broadly flat compared to 2024, which stood at $490 million. The company also forecasts an Adjusted EBITDA of more than $85 million, surpassing the $82 million reported in 2024. The company continues to focus on unlocking synergies from its combination with Informa, aiming for a cost synergy yield exceeding $10 million in 2025, and targeting improvements in revenue and margin trajectories through the second half of the year.
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