Techtarget inc (TTGT)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues

31,416

35,890

33,809

34,286

29,972

31,820

30,742

31,472

27,299

-

28,012

26,664

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

8,151

8,847

8,047

7,952

7,012

7,665

7,445

7,124

6,725

-

6,951

7,085

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Online

-

-

-

-

-

-

-

-

-

-

-

-

23,409

-

24,247

27,726

24,269

27,724

27,066

27,736

23,048

-

24,218

23,652

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Online

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,080

-

18,830

20,371

18,475

22,636

20,447

23,038

22,071

-

-

-

-

-

-

Events

-

-

-

-

-

-

-

-

-

-

-

-

168

-

1,503

1,448

762

1,680

1,941

2,021

610

2,989

2,214

2,496

897

1,706

3,281

2,727

1,073

2,723

4,102

3,331

1,643

-

-

-

-

-

-

Online

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,763

24,151

20,380

18,878

20,626

Events

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,129

3,951

2,186

3,123

4,447

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

23,577

-

25,750

29,174

25,031

29,404

29,007

29,757

23,658

30,646

26,432

26,148

22,977

23,739

22,111

23,098

19,548

25,359

24,549

26,369

23,714

28,938

25,892

28,102

22,566

22,001

25,073

Online

-

-

-

-

-

-

-

-

-

-

-

-

6,895

-

6,889

6,813

6,658

6,912

6,802

6,719

6,529

-

5,949

6,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Online

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,090

-

5,514

6,138

5,928

5,695

5,828

5,949

6,041

5,500

5,547

5,720

5,606

4,921

5,180

Events

-

-

-

-

-

-

-

-

-

-

-

-

41

-

723

791

535

899

710

877

455

1,087

805

979

547

787

1,221

1,087

676

1,012

1,371

1,154

764

1,158

1,488

1,242

877

1,149

1,373

Total cost of revenues

-

-

-

-

-

-

-

-

-

-

-

-

6,936

-

7,612

7,604

7,193

7,811

7,512

7,596

6,984

7,528

6,754

7,128

6,637

6,569

6,735

7,225

6,604

6,707

7,199

7,103

6,805

6,658

7,035

6,962

6,483

6,070

6,553

Gross profit

23,265

27,043

25,762

26,334

22,960

24,155

23,297

24,348

20,574

22,939

21,061

19,579

16,641

18,862

18,138

21,570

17,838

21,593

21,495

22,161

16,674

23,118

19,678

19,020

16,340

17,170

15,376

15,873

12,944

18,652

17,350

19,266

16,909

22,280

18,857

21,140

16,083

15,931

18,520

Operating expenses:
Selling and marketing

12,949

13,586

12,454

13,976

12,446

12,526

12,479

11,419

11,355

11,741

11,568

10,745

10,693

10,985

11,243

11,028

11,060

10,897

11,526

10,958

10,341

12,119

10,964

10,007

9,746

9,934

8,773

9,093

9,120

9,246

9,082

9,227

9,163

10,589

10,182

10,184

8,631

8,984

9,420

Product development

2,032

2,034

2,085

2,001

1,987

2,342

2,340

2,069

2,118

2,047

2,209

2,016

1,943

2,011

2,074

1,945

2,008

1,957

1,915

2,032

1,776

1,960

1,854

1,742

1,605

1,618

1,680

1,676

1,741

1,866

1,919

1,881

1,855

1,998

1,874

1,870

1,946

2,087

2,180

General and administrative

3,355

4,836

3,107

3,123

3,022

3,893

3,938

3,327

3,399

2,670

3,288

3,198

3,056

2,978

3,138

3,044

3,210

3,111

3,265

3,591

3,020

4,014

3,628

3,884

3,352

3,242

3,722

3,645

3,307

3,051

3,433

2,979

3,649

3,318

3,105

3,458

3,799

3,567

3,757

Depreciation and amortization, excluding depreciation of $171, $13, included in cost of revenues

1,345

1,222

1,205

1,146

1,130

1,144

1,156

1,140

1,108

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

1,109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

1,093

1,091

-

951

1,016

1,020

959

999

1,016

1,008

1,035

1,024

1,012

989

1,005

961

985

872

851

850

811

767

758

692

668

641

592

642

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

42

40

-

183

233

302

328

337

344

373

406

451

454

451

467

474

548

734

697

843

874

937

-

955

989

-

-

-

Restructuring charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

384

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,086

1,126

1,140

Total operating expenses

19,681

21,678

18,851

20,246

18,585

19,905

19,913

17,955

17,980

17,719

18,174

17,094

16,823

17,162

17,589

17,266

17,600

17,252

18,042

17,941

16,518

19,534

17,921

17,099

16,143

16,266

15,610

15,947

15,774

15,711

16,127

15,772

16,371

17,609

16,808

17,553

16,103

16,356

17,139

Operating income

3,584

5,365

6,911

6,088

4,375

4,250

3,384

6,393

2,594

5,220

2,887

2,485

-182

1,700

549

4,304

238

4,341

3,453

4,220

156

3,584

1,757

1,921

197

904

-234

-74

-2,830

2,941

1,223

3,494

538

4,671

2,049

3,587

-20

-425

1,381

Interest and other expense, net

-469

108

-409

-253

-137

-572

-362

-644

-200

-246

-190

-94

-163

-737

-471

-508

-58

-127

-209

250

-163

-

-230

99

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other (expense) income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-

148

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9

3

-

-

-

-

-

-

-

-

-

-

Interest income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37

23

25

-

20

6

6

79

84

Income before provision for income taxes

3,115

5,473

6,502

5,835

4,238

3,678

3,022

5,749

2,394

4,974

2,697

2,391

-345

963

78

3,796

180

4,214

3,244

4,470

-7

3,372

1,527

2,020

207

502

-86

-83

-2,827

2,869

1,260

3,517

563

-

-

-

-

-

-

Income before provision for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,069

3,593

-14

-346

1,465

Provision for income taxes

908

1,390

1,151

1,684

948

1,006

-747

1,329

300

1,577

623

1,030

-316

873

100

1,397

228

2,245

1,203

1,641

-354

1,667

589

717

72

503

-663

788

-1,285

1,847

588

1,552

198

2,713

1,106

1,775

61

266

1,019

Net income

2,207

4,083

5,351

4,151

3,290

2,672

3,769

4,420

2,094

3,397

2,074

1,361

-29

90

-22

2,399

-48

1,969

2,041

2,829

347

1,705

938

1,303

135

-1

577

-871

-1,542

1,022

672

1,965

365

1,983

963

1,818

-75

-612

446

Other comprehensive (loss) income, net of tax:
Unrealized loss on investments (net of tax provision of $37, $0)

-132

-

-

-

-

2

1

8

4

-7

6

-1

15

-15

-22

5

22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation gains

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

166

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized (loss) gain on investments (net of tax effect of $(13), $7, $3 and $16, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

-5

20

-

-4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation (loss) gain

-53

148

-235

-58

41

-46

-120

-263

134

67

71

140

22

-

11

-67

-

-15

-65

-4

-152

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on foreign currency translation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-181

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive (loss) gain

-185

148

-235

-58

41

-44

-119

-255

138

60

77

139

37

-41

-11

-62

188

-42

-52

-9

-132

-

-185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

2,022

4,231

5,116

4,093

3,331

2,628

3,650

4,165

2,232

3,457

2,151

1,500

8

49

-33

2,337

140

1,927

1,989

2,820

215

1,582

753

1,296

164

62

573

-786

-1,351

1,005

758

1,881

494

1,797

969

1,722

-54

-

-

Net income per common share:
Basic

0.08

0.15

0.19

0.15

0.12

0.09

0.14

0.16

0.08

0.12

0.08

0.05

0.00

0.00

0.00

0.08

0.00

0.06

0.06

0.09

0.01

0.05

0.03

0.04

0.00

0.00

0.01

-0.02

-0.04

0.02

0.02

0.05

0.01

0.04

0.03

0.05

0.00

-0.01

0.01

Diluted

0.08

0.14

0.19

0.15

0.12

0.10

0.13

0.15

0.07

0.12

0.07

0.05

0.00

0.01

0.00

0.07

0.00

0.06

0.06

0.08

0.01

0.05

0.03

0.04

0.00

0.00

0.01

-0.02

-0.04

0.02

0.02

0.05

0.01

0.06

0.02

0.04

0.00

-0.01

0.01

Weighted average common shares outstanding:
Basic

28

111,411

27

27

27

110,869

27

27

27

110,117

27

27

27

119,723

27

31

32

131,753

32

33

33

33,320

33,145

32,890

32,684

33,363

39,049

39,110

40,023

40,469

40,327

40,185

39,862

39,343

38,511

38,332

37,940

43,209

42,944

Diluted

28

113,161

28

28

28

114,525

28

28

28

113,001

28

28

27

123,001

27

32

32

137,799

34

34

34

36,245

34,663

34,021

33,631

32,910

39,502

39,110

40,023

40,956

40,877

40,952

40,852

43,630

40,008

40,691

37,940

43,209

45,053