Marketo revenue up 67% for 2013

Marketo (NASDAQ: MKTO) said its revenue was USD28.2m, an increase of 67% over the prior year period and an increase of 10% from the quarter ended September 30, 2013.

Deferred revenue at December 31, 2013 was USD41.4m, up 100% year over year from USD20.6m at December 31, 2012, and up 35% compared to the USD30.6m at September 30, 2013.

GAAP net loss was USD15.5m, and net loss per common share, basic and diluted, was USD(0.41). Non-GAAP net loss was USD11.2m, and net loss per common share, basic and diluted, was USD(0.29), which excludes approximately USD2.4m in stock-based compensation expense, USD950,000 of litigation settlement costs, USD734,000 of acquisition related costs and USD176,000 of amortization of acquired intangible assets. GAAP and non-GAAP net loss per common share calculations are based on 38.3m weighted average common shares outstanding.

Revenue was USD95.9m, an increase of 64% over the prior year period.

Headquartered in San Mateo, CA with offices in Europe and Australia, Marketo serves as a strategic marketing partner to more than 3,000 large enterprises and fast-growing small companies across a wide variety of industries. For more information, visit www.marketo.com.

0saves
If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.

Leave a Comment

Powered by WordPress