ExactTarget revenue Q1 2013: loss of $11.6 million

exacttarget_revenue_logoExactTarget revenue figures have been published for Q1 2013 a few days ago. Reported results for the first quarter are a loss of f $11.6 million or $0.17 per share. Last year, the numbers were  $4.7 million or $0.32 per share.
ExactTarget revenue for the first quarter of 2013 grew 39 percent to $88.9 million from $64.1 million last year.
Transcript from the ExactTarget revenue earnings call, quoting Scott Dorsey, CEO of ExactTarget:

Our first quarter results were outstanding as marketers around the world continued to leverage our marketing cloud platform to drive business results. First quarter adjusted revenue increased 40% from 1 year ago to $89.4 million, our largest quarter in company history and our 49th consecutive quarter of revenue growth. Building on this momentum, I’m pleased to share that we’re raising our full year 2013 revenue guidance to $376 million to $379 million from our earlier guidance of $370 million to $374 million.

For the whole of 2013 ExacTarget expects a loss of $0.29 to $0.31 per share. Furthermore, adjusted revenues of $376.0 million to $379.0 million are expected, up from prior guidance of $370.0 million to $374.0 million.
Sources: RTTnews and Seekingalpha.

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