Informa TechTarget reports preliminary Q1 revenue $104M, two estimates $106.2M

TechTarget “published preliminary results for the first quarter of 2025, delivering Revenues of $104M and reaffirming full year expectations for year-on-year growth in Adjusted EBITDA. Q1 Preliminary Revenue Performance as Expected: Revenues increased 77% over the prior year period’s reported revenues and declined approximately 6% year-on-year on a Combined Company Basis(3), with run-rate improving into Q2, in line with previous commentary; Mid-single digit revenue decline expected over first six months of the year on a Combined Company basis; Preliminary Q1 Net Income impacted by technical non-cash impairment reflecting difference in current market capitalization versus year-end book value; Accelerated Combination Plan: Early Q1 focus was on combining teams, establishing reporting lines and confirming senior leadership, providing clarity to colleagues as quickly as possible; additionally, we began the process of focusing on our ways of working, including the first steps to harmonize our systems and operational models to enhance collaboration and efficiencies; We expect this work to continue throughout 2025; Next phase of Combination Plan focused on consolidating product portfolio, simplifying go-to-market offer and increasing the commercial focus on core growth opportunities, including key client accounts and the CyberSecurity sector.”