Constant Contact Q1 Adj. Profit Tops View; Issues Q2 Outlook - Quick Facts

(RTTNews) - Constant Contact Inc. (CTCT) reported first-quarter net income of $848 thousand or $0.03 per share, compared to net loss of $654 thousand or $0.02 per share, last year.

Adjusted income for the quarter was $5.0 million or $0.16 per share, up from $1.5 million or $0.05 per share in the comparable quarter last year. On average, 10 analysts polled by Thomson Reuters expected the company to report profit per share of $0.13 for the quarter. Analysts' estimates typically exclude special items.

Revenue were $78.87 million, up 15.6% from $68.21 million, last year, while nine analysts expected revenue of $78.59 million for the quarter.

Looking ahead to the second quarter, the company expects GAAP earnings in the range of $0.03 per share to $0.05 per share, non-GAAP earnings of $0.18 per share to $0.20 per share and revenue in order of $81.0 million to $81.3 million. Analysts currently expect second quarter earnings of $0.18 per share on revenue of $80.96 million.

For full year 2014, the company expects GAAP earnings in the range of $0.34 per share, non-GAAP earnings of $1.02 per share and revenue in order of $330 million. Analysts currently expect full year 2014 earnings of $1.00 per share on revenue of $329.60 million.