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Informa TechTarget (NASDAQ: TTGT), a B2B Technology sector growth accelerator, has announced the filing of its Annual Report on Form 10-K for fiscal year 2024. The company will host a conference call and webcast on June 4, 2025, at 8:30 a.m. ET to discuss its financial results. The financial release and 10-K will be available on the company's investor website before the call.
The conference call will be accessible via multiple dial-in numbers across the United States and United Kingdom. A replay of the call will be available for one month, until July 4, 2025.
According to Omdia's latest analysis, display panel manufacturers are projecting a 3% decline in fab utilization rates for Q2 2025, following stable operations since mid-Q4 2024. The reduction is primarily driven by expected cuts in LCD TV panel orders from major brands.
Leading Chinese manufacturers BOE, China Star, and HKC Display, which represent 60% of global display manufacturing capacity, plan to reduce their monthly average fab utilization by 6-9 percentage points in May. This unusual Q2 decline contrasts with historical patterns, where Q2 typically shows higher utilization than Q1. The decrease is attributed to reduced demand from Chinese TV makers post-618 promotion inventory building and Korean brands reaching sufficient stock levels.
Panel makers are adopting a conservative 'production-to-order' strategy for 2H 2025, focusing on price protection and inventory management, as market uncertainties persist due to diminishing effects of Chinese government subsidies and ongoing US tariff issues.
The MENA streaming video market is set to reach $1.5 billion by 2025, with SVOD subscriptions expected to exceed 27 million, according to Omdia's research presented at the Comcast Technology Summit. The market is dominated by key players including Shahid (4.4M subscribers), YouTube Premium (3.7M subscribers), Netflix (3.0M subscribers), and StarzPlay (2.3M subscribers).
StarzPlay's strategic restructuring in 2024, combining sports and entertainment into a 'Max' bundle, led to a 30% increase in ARPU. The report projects substantial growth, with the MENA online video market expected to reach $8.4 billion by 2029, driven by digital infrastructure expansion, high mobile penetration, and a young population.
TechTarget (Nasdaq: TTGT) has announced it will file its Annual Report on Form 10-K by May 30, 2025. The delay is due to complex auditing requirements involving the combination of US GAAP and IFRS reporting standards.
The company, working with PwC US, is finalizing technical accounting matters related to non-cash items from prior periods. These issues do not impact current operations or future performance, with the company maintaining its previously stated financial outlook.
Key points:
- Filing will coincide with Q1 Update release
- Management will host conference call after filing
- Current performance aligns with previous guidance
- 2024 revenue expectations and 2025 outlook remain unchanged from April 15 disclosure