Informa TechTarget Expects Q1 Net Loss Of $513M-$545M, Including $450M-$475M Non-Cash Impairment, $25M-$32M Income Tax Expense; Lower Adjusted EBITDA By About $10M YoY
Author: Benzinga Newsdesk | July 01, 2025 03:57pm
The Company is expecting to report a Q1 net loss of $513 million to $545 million, compared to $32 million for the Combined Company in the prior year period, reflecting higher acquisition and integration costs, as well as a $450 million to $475 million non-cash impairment to reflect the Company's current depressed market capitalization relative to book value at year-end and income tax expense of $25 million to $32 million. Adjusted EBITDA decreased by about $10 million versus the prior year period on a Combined Company basis.
Posted In: TTGT