TechTarget, Inc. (NASDAQ:TTGT) reported earnings per share of $0.23, surpassing estimates but with revenue falling short.
The company is under investigation by Pomerantz LLP for potential securities fraud, following a deficiency notification from Nasdaq.
TechTarget, Inc. (NASDAQ:TTGT), a provider of specialized online content and marketing services for technology vendors, operates in a competitive landscape, with peers like Gartner and Forrester Research. On May 22, 2025, TTGT reported earnings per share of $0.23, significantly surpassing the estimated $0.02. However, its revenue of approximately $60.88 million fell slightly short of the estimated $62 million.
Despite the positive earnings surprise, TTGT faces challenges. Pomerantz LLP is investigating potential securities fraud or other unlawful business practices by the company and certain officers or directors. This follows TTGT’s disclosure on April 18, 2025, of a deficiency notification from Nasdaq for failing to file its Annual Report on time. This news led to a 12.75% drop in TTGT’s stock price, closing at $7.12 on April 21, 2025.
TTGT’s financial metrics reveal more about its current situation. The company has a price-to-sales ratio is 2.37, meaning investors pay $2.37 for every dollar of sales. The enterprise value to sales ratio is 3.04, and the enterprise value to operating cash flow ratio is 11.52, reflecting its valuation relative to cash flow.
TTGT’s debt-to-equity ratio is 1.72, showing a higher level of debt compared to equity. However, the current ratio is a strong 10.49, indicating robust liquidity and the ability to cover short-term liabilities. These financial metrics provide insight into TTGT’s financial health and challenges.