11/3/2021

speaker
Tia
Moderator

Good afternoon, ladies and gentlemen. Thank you for attending today's TechTarget Q3 2021 Early Release Conference Call. My name is Tia, and I will be your moderator for today's call. All lines will be viewed during the presentation portion of the call with an opportunity for questions and answers at the end. If you would like to ask a question, please press star 1 on your telephone keypad. I will now pass the conference over to your host, Charles Renick with TechTarget. You may proceed.

speaker
Charles Renick
Host, TechTarget

Thank you, Tia, and good afternoon. Joining me here today are Greg Straykosch, our executive chairman, Mike Katoya, our chief executive officer, and Dan Norick, our chief financial officer. Before turning the call over to Greg, I'd like to remind everyone on the call of our earnings release process. As previously announced, in order to provide you with an update on the business in advance of the call, we posted our shareholder letter on the investor relations section of our website and furnished it on an 8K. Following Greg's introductory remarks, the management team will be available to answer your questions. Any statements made today by a target that are not factual may be considered forward-looking statements. These forward-looking statements are based on assumptions and are not guarantees of our future performance. Actual results may differ materially from our forecast. Forward-looking statements involve a number of risks and uncertainties, including those discussed in the risk factors section of our filings with the SEC. The company undertakes no obligation to revise or update any forward-looking statements in order to reflect events that may arise after this conference call, except as required by law. We may also refer to financial measures not prepared in accordance with GAAP. A reconciliation of these non-GAAP financial measures to the most comparable GAAP measures accompanies our shareholder letter. With that, I'll turn the call over to Greg.

speaker
Greg Strakosch
Executive Chairman

Great. Thank you. We continue to see broad-based strength across all products, customer segments, and geographies. We expect this positive momentum to carry into 2022. For Q321, GAAP revenue grew 92%. Adjusted revenues grew 97%. Net income grew 47%. Adjusted EBITDA grew 125%. And we raised our revenue in EBITDA guidance for 2021. I will now open the call to questions.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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