Cvent 2013 revenue up 33% year-over-year

Cvent, Inc. (NYSE: CVT) said its total 2013 revenue was USD111.1m, an increase of 33 percent from 2012.

Platform subscription revenue was USD77.4m, an increase of 32 percent from 2012, while marketing solutions revenue was USD33.7m, an increase of 36 percent from 2012.

GAAP operating loss was USD(2.0)m, compared to operating income of USD7.9m in 2012, and non-GAAP operating income was USD7.3m, compared to USD14.9m in 2012.

Cvent is a leading cloud-based enterprise event management platform. Cvent offers software solutions to event planners for online event registration, venue selection, event management, mobile apps for events, e-mail marketing and web surveys.

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