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TechTarget revenue up 62%

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Needham, Mass.--IT media company TechTarget Tuesday reported a 62% increase in second-quarter revenue. In an era of tumbling tech media performance, the company said it marked its 11thconsecutive quarter of revenue growth and its first positive quarter of earnings before interest, taxes,depreciation, and amortization (EBITDA). The company attracted 17% more advertisers in the second quarter of 2002 than in the year-earlier period. Registered membership in TechTarget's network of industry-specific Web sites (such as SearchCRM.com and SearchEbusiness.com) now stands at 2.5 million.
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