Marketo (MKTO) Tops Q1 EPS by 1c; Rev Guidance Tracks Modestly Above the Street
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Marketo Announces First Quarter 2015 Results
April 23, 2015 4:06 PM EDTSAN MATEO, Calif., April 23, 2015 /PRNewswire/ -- Marketo, Inc. (Nasdaq: MKTO), the leading provider of engagement marketing software and solutions, today announced its first quarter 2015 financial results.
Highlights:
First quarter revenue increased 42 percent year over year to $46.0 million Deferred revenue increased 47 percent year over year to $66.9 million First quarter calculated billings increased 37 percent year over year to $49.9 million Subscription dollar retention rate was 109 percent Customer count increased to... More