ExactTarget, Inc. Earnings: Here’s Why the Stock is Down Now

ExactTarget, Inc. (NYSE:ET) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.07%.

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ExactTarget, Inc. Earnings Cheat Sheet

Revenue: Rose 44.18% to $85.8 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: ExactTarget, Inc. reported adjusted EPS loss of $0.10 per share. By that measure, the company beat the mean analyst estimate of $-0.18. It beat the average revenue estimate of $79.77 million.

Quoting Management: “ExactTarget’s record fourth quarter and full-year revenue reinforce our position as the largest pure play marketing SaaS provider in the world,” said Scott Dorsey, ExactTarget chairman, chief executive officer and co-founder. “With strong customer response to our new innovations and recent acquisitions, we have become the digital marketing platform of choice and positioned ourselves for another strong year of growth.”

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