TechTarget reports record profit, revenues

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Needham, Mass.--Privately held TechTarget Inc. said it logged a record profit in the second quarter and that its revenues for the quarter increased 31% from a year earlier. The tech media company said it recorded record revenues in each line of business: online, conferences and print. It also boosted its number of employees to 228 in the second quarter, up 20% from a year earlier. “The record results we've achieved in this slow economy are a hint of what we'll be able to achieve when the economy turns around,” TechTarget CEO Greg Strakosch said in a statement.
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