New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 9, 2014
10:33 EDTCTCT, ORCL, MKTOConstant Contact surges after preliminary Q1 revenue beats consensus
Shares of marketing tools maker Constant Contact (CTCT) are surging after the company reported preliminary first quarter revenue that exceeded analysts' projection. WHAT'S NEW: Last night, Constant Contact reported that it expected first quarter revenue to be between $78.7M-$78.8M, while analysts consensus view was $77.34M. The company raised its FY14 revenue guidance to approximately $330M, while analysts consensus had been just above $323M. Constant Contact, which had previously seen FY14 revenue growth of more than 13%, said its current revenue guidance of $330M represents more than 15.5% year-over-year revenue growth. WHAT'S NOTABLE: During Constant Contact's conference call, the company said that its better-than-expected first quarter revenue growth resulted from a strong performance from each of its growth levers, which include new customer additions, ARPU and retention. The company said it added 50K gross customers and 10K net new customers in the first quarter. Looking ahead to the balance of FY14, Constant Contact said it expects that the gains in the first quarter will flow through the remainder of the year. The company noted that the increase of its FY14 revenue guidance represents a new baseline with opportunities for further gains over the course of the year. In the coming weeks, Constant Contact also said it is planning to launch Toolkit, which is a new integrated business platform offering to small businesses that had previously only been available to larger enterprises. ANALYSTS REACTION: Dougherty upgraded Constant Contact today following the better than anticipated preliminary first quarter results that the company announced yesterday, taking its rating on the shares up to Hold from its prior Sell rating. PRICE ACTION: During morning trading, shares of Constant Contact rose 27.5% to $27.95. OTHERS TO WATCH: Other providers of marketing software and solutions include Marketo (MKTO) and Responsys, which was recently acquired by Oracle (ORCL).
News For CTCT;MKTO;ORCL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 24, 2015
07:58 EDTMKTOMarketo weakness a buying opportunity, says Canaccord
Subscribe for More Information
April 23, 2015
16:46 EDTMKTOMarketo raises FY15 non-GAAP EPS view to (85c)-(81c) from (87c)-(83c)
Subscribe for More Information
16:43 EDTMKTOMarketo sees Q2 non-GAAP EPS (24c)-(22c), consensus (22c)
Subscribe for More Information
16:41 EDTMKTOMarketo reports Q1 non-GAAP EPS (20c), consensus (21c)
Reports Q1 revenue $46.0M, consensus $45.22M.
10:45 EDTORCLRumor: Salesforce.com active on renewed takeover speculation
Subscribe for More Information
April 16, 2015
15:44 EDTORCLCSC holding 'loose' deal talks, not running formal process, dealReporter says
Subscribe for More Information
April 14, 2015
12:34 EDTMKTOSynthesio and Marketo announce strategic integration
Synthesio announced a new strategic integration with Marketo. The integration of its Social Intelligence Platform aims to enable marketers to better personalize their engagement and leverage a complete view of their customers' online voice over time.
12:07 EDTMKTORocket Fuel announces integration with Marketo Ad Bridge
Subscribe for More Information
12:05 EDTMKTOMarketo engagement marketing platform to integrate with LinkedIn
Marketo (MKTO) announced it will partner with LinkedIn (LNKD) on a solution that connects LinkedIn's Lead Accelerator solution with Marketo's Engagement Marketing Platform. The combination "bridges the gap between digital, social and offline channels to enable marketers to engage in relevant conversations with customers wherever they are online," the company said. GE (GE) will pioneer the joint solution, Marketo announced.
April 13, 2015
12:42 EDTORCLFly Watch: Wells says ServiceNow likely to unveil upbeat revenue target
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use