Marketo (MKTO) Tops Q3 EPS by 6c, Offers Q4 Guidance

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Marketo Announces Third Quarter 2015 Results

October 22, 2015 4:05 PM EDT

SAN MATEO, Calif., Oct. 22, 2015 /PRNewswire/ -- Marketo, Inc. (NASDAQ: MKTO), the leading provider of engagement marketing software and solutions, today announced its third quarter 2015 financial results.

Third Quarter Highlights:

Revenue increased 40 percent year over year to $54.9 million Deferred revenue increased 54 percent year over year to $82.1 million Calculated billings increased 43 percent year over year to $56.4 million Generated cash flow from operations of $2.3 million

"Our solid third quarter business performance... More