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Constant Contact Continues To Deliver Thanks To Solid Customer Growth And Retention

For anyone you know that has taken on the task of launching their own small business or non-profit organization, the $1.2B Massachusetts-based Constant Contact (CTCT) may have played a role in helping them achieve their dream. They are an online marketing company that offers services to 600,000+ businesses and organizations that assist in email marketing, social media marketing and online survey creations.

On January 29th, Constant Contact reported Q4 EPS of $0.35 per share vs. the Wall Street consensus estimate of $0.32 per share (earned $0.30 in Q4 2013) on revenue of $88.1M vs. the $87.56M estimate (17.6% year over year increase). Adjusted EBITDA jumped 23% to $18.2M and adjusted EBITDA margins ticked up 90 basis points to 20.7%. Overall gross margins expanded 30 basis points from Q4 2013 to 72.7%.

On top of the 50K new customer additions in the third quarter, another 55K new additions were added in… Read More …