TechTarget changes list management, reports revenue increase

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Newton, Mass.—Tech media company TechTarget has awarded the management of its email subscriber list of 556,588 contacts to Statlistics, replacing former manager MeritDirect. The company also reported a boost in second-quarter sales.

TechTarget reported that its revenue totaled $28.1 million in the second quarter, an increase of 12% over the year-earlier period. The company's online revenue increased 17%, to $24.2 million. The remainder of the company's revenue was generated by events, which decreased 11% to $3.9 million. Net income in the second quarter was $1.8 million, compared with $400,000 in the year-earlier period.

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