NEWTON, Mass. (AP) _ TechTarget Inc. (TTGT) on Wednesday reported fourth-quarter profit of $4.1 million.

The Newton, Massachusetts-based company said it had net income of 14 cents per share. Earnings, adjusted for one-time gains and costs, came to 27 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 27 cents per share.

The operator of websites for information technology vendors posted revenue of $35.9 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $35.7 million.

For the year, the company reported profit of $16.9 million, or 60 cents per share. Revenue was reported as $134 million.

For the current quarter ending in April, TechTarget said it expects revenue in the range of $31.5 million to $32.5 million.

The company expects full-year revenue in the range of $146 million to $148 million.

TechTarget shares have risen slightly more than 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $26.95, an increase of 73% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTGT at https://www.zacks.com/ap/TTGT

Automated Insights, source Associated Press News