Marketo (MKTO) Posts Smaller Q3 Loss, Guides Above Views

Marketo (NASDAQ: MKTO) reported Q3 EPS of ($0.14), $0.11 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $39.3 million versus the consensus estimate of $37.5 million.

Marketo sees Q4 2014 EPS of ($0.24)-($0.26), versus the consensus of ($0.3). Marketo sees Q4 2014 revenue of $40.3-40.8 million, versus the consensus of $39.8 million.

Marketo sees FY2014 EPS of ($0.74)-($0.76), versus the consensus of ($0.91). Marketo sees FY2014 revenue of $147.9-148.4 million, versus the consensus of $145.11 million.

"In the third quarter, we delivered solid results across every dimension of our business," said Phil Fernandez, Chairman and CEO of Marketo. "In the quarter, we laid the foundation for continued strong growth in 2015 with the addition of key sales leadership and the introduction of our Engagement Marketing Platform. We believe these moves have us well positioned to capitalize on the market opportunity in the fourth quarter and throughout 2015."

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

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