Marketo (MKTO) Reports In-Line Q1 EPS

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Marketo Announces First Quarter 2016 Results

April 26, 2016 4:06 PM EDT

SAN MATEO, Calif., April 26, 2016 /PRNewswire/ -- Marketo, Inc. (NASDAQ: MKTO), the leading provider of engagement marketing software and solutions, today announced its first quarter 2016 financial results.

Highlights:

First quarter revenue increased 35 percent year over year to $62.2 million Deferred revenue increased 37 percent year over year to $91.7 million Improved operating leverage year over year Launched new solutions to address expanded range of customer demand

"Our first quarter performance marks... More