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BtoB

TechTarget reports 77% gain in revenue

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Needham, Mass.—Privately held information-technology media company TechTarget announced its first-quarter revenue increased 77% from the year-earlier period.

The company, which said its revenue increased in its online, print and event businesses, also said it generated a record increase in profit.

"TechTarget was ahead of the curve in anticipating the shift to targeted, ROI-focused media," CEO Greg Strakosch, said in a statement.

—Sean Callahan

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