Recap: TechTarget Q1 Earnings - TechTarget (NASDAQ:TTGT)

TechTarget TTGT reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:06 PM.

Here's what investors need to know about the announcement.

TechTarget beat estimated earnings by 13.89%, reporting an EPS of $0.41 versus an estimate of $0.36.

Revenue was down $11.05 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 4.47% drop in the share price the next day.

Here's a look at TechTarget's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.52	0.65	0.61	0.47
EPS Actual	0.68	0.68	0.68	0.53
Revenue Estimate	71.02M	80.07M	77.00M	66.55M
Revenue Actual	73.03M	77.41M	78.88M	68.17M

To track all earnings releases for TechTarget visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.