TechTarget, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2009. Total revenues in the quarter decreased 13% to $23.2 million compared to $26.7 million reported in the same period last year. Net loss for the quarter was $0.8 million compared to net income of $0.4 million for fourth quarter of 2008. Adjusted net income (net income adjusted for amortization and stock-based compensation, as further adjusted for the related income tax impact) was $2.2 million compared to $2.9 million for fourth quarter of 2008. Net loss per basic share was $0.02 compared to net income per share of $0.01 for fourth quarter of 2008. Adjusted net income per share (adjusted net income divided by adjusted weighted average diluted shares outstanding) was $0.05 compared to $0.07 for fourth quarter of 2008. For the quarter, the company has reported operating loss of $0.8 million and loss before provision for income taxes of $0.8 million compared to operating income of $1 million and income before provision for income taxes of $1.5 million reported last year. EBITDA was $1 million against $2.7 million reported last year. Adjusted EBITDA (earnings before interest, taxes, depreciation, amortization, and restructuring charge, as further adjusted for stock-based compensation) for the quarter was $4.1 million compared to $6.1 million for fourth quarter of 2008. Adjusted EBITDA was reduced by $1.2 million as a result of professional fees related to the investigation activities associated with an improper accounting practice. Adjusted net income was $2.2 million or $0.05 per share against $2.9 million or $0.07 per share reported last year. Total 2009 revenues decreased 17% to $86.5 million compared to $104.5 million reported in the same period last year. Net loss for full year 2009 was $5.1 million compared to net income of $1.8 million for full year 2008. Adjusted net income for 2009 was $7.5 million compared to $11.6 million for 2008. Net loss per basic share for full year 2009 was $0.12 compared to net income per basic share of $0.04 for full year 2008. Adjusted net income per share for full year 2009 was $0.17 compared to $0.27 for full year 2008. For the year, the company has reported operating loss of $5.6 million and loss before provision for income taxes of $5.3 million compared to operating income of $3.1 million and income before provision for income taxes of $4.5 million reported last year. EBITDA was $1.3 million against $10.8 million reported last year. Adjusted EBITDA for full year 2009 was $13.9 million compared to $21.0 million for 2008. Full year 2009 adjusted EBITDA was reduced by $1.8 million as a result of professional fees related to the restatement of prior periods and investigation activities associated with the improper accounting practice. Adjusted net income was $7.5 million or $0.17 per share against $11.6 million or $0.27 per share reported last year. In the first quarter ending March 31, 2010, the company expects total revenues to be within the range of $19.7 million to $20.7 million; online revenues within the range of $17.5 million to $18.3 million; events revenues within the range of $2.2 million to $2.4 million; and adjusted EBITDA to be within the range of $1.6 million to $2.4 million. This adjusted EBITDA guidance includes the following non-recurring items: $300,000 of costs associated with the investigation into the now concluded accounting matter; and $400,000 of expense associated with the move into the company's new facility and exit of its previous corporate headquarters. Net loss is expected within the range of $2.5 million to $2.0 million.

TechTarget, Inc. announced the launch of SearchHealthIT.com(TM), a new website and online social community for healthcare information technology (IT) professionals researching products and technologies for HITECH Electronic Health Record (EHR) regulatory compliance. This site extends the Company's network of vertical industry technology media, including SearchTelecom.com(TM) and SearchCompliance.com(TM), SearchHealthIT.com will help technology vendors educate healthcare IT buyers on technical products and solutions.

TechTarget, Inc. announced that they will report Q4, 2009 results on 03/10/2010

TechTarget Launches SearchHealthIT.com

TechTarget Reports Fourth Quarter and Full Year 2009 Financial Results

TechTarget Reports Fourth Quarter and Full Year 2009 Financial Results

TECHTARGET INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits

Q4 2009 TechTarget, Inc. Earnings Release - After Market Close

TechTarget, Inc. Earnings Call scheduled for Wed, Mar 10

TechTarget Launches SearchHealthIT.com

TechTarget to Release Fourth Quarter and Year-End 2009 Financial Results on March 10, 2010

TechTarget Acquires RTFM-ed.co.uk, a Leading UK Based Website in the Server Virtualization Market

TechTarget Reports Third Quarter 2009 Financial Results

TechTarget Grows its European Capabilities with New Partner in France

TechTarget to Release Fourth Quarter and Year-End 2009 Financial Results on March 10, 2010

TechTarget Grows its European Capabilities with New Partner in France

TechTarget Reports Third Quarter 2009 Financial Results

TechTarget Acquires RTFM-ed.co.uk, a Leading UK Based Website in the Server Virtualization Market

TechTarget and Google Release New Behavioral Research on Search Habits of IT Buyers Online during the Purchase Process

Q3 2009 TechTarget, Inc. Earnings Release - Time Not Supplied

TechTarget Reports Estimated Third Quarter 2009 Financial Results

TechTarget, Inc. Q3 2009 Earnings Call Transcript

TechTarget, Inc. Earnings Call scheduled for 5:00 pm ET today