Seeking Alpha

Marketo jumps 10% AH following Q3 beat, guidance

  • Marketo (MKTO) shares jump 10% AH after the company clobbered expectations in Q3.
  • Deferred revenue surged 86% Y/Y to $30.6M but was flat from Q2.
  • Management guides for revenue of $26.2M-$26.7M in Q4 (vs. consensus of $24.6M) and EPS of -$0.27 to -$0.25 (-$0.23)
  • PRconference call at 5pm ET
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