Marketo (MKTO) Tops Q1 EPS by 1c; Rev Guidance Tracks Modestly Above the Street

Marketo (NASDAQ: MKTO) reported Q1 EPS of ($0.20), $0.01 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $46 million versus the consensus estimate of $45.22 million.

Marketo sees Q2 2015 EPS of ($0.22)-($0.24), versus the consensus of ($0.22). Marketo sees Q2 2015 revenue of $49.5-50.5 million, versus the consensus of $49.24 million.

Marketo sees FY2015 EPS of ($0.81)-($0.85), versus the consensus of ($0.82). Marketo sees FY2015 revenue of $208-210 million, versus the consensus of $205.45 million.

"Our first quarter performance marks a healthy start to 2015 as we continue scaling our global small and medium business (SMB) and enterprise sales efforts and accelerating our strategy to grow our presence in consumer-oriented businesses," said Phil Fernandez, chairman and CEO of Marketo. "We carried this momentum into our successful Marketo Marketing Nation™ Summit where we introduced multiple breakthrough products to further our mission of helping our users connect with their customers anywhere and everywhere. These products combined with our recently announced strategic partnerships enable us to set the thought leadership and technology innovation agenda for the entire industry."

For earnings history and earnings-related data on Marketo (MKTO) click here.

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