Marketo Q4 Loss Widens - Quick Facts

(RTTNews) - Marketo Inc. (MKTO), Tuesday reported fourth-quarter net loss of $15.5 million or $0.41 per share, wider than $8.0 million or $2.68 per share reported last year.

On a per share basis, loss narrowed due to higher number of shares outstanding for the quarter.

Total revenues for the quarter rose to $28.2 million from $16.8 million last year.

Analysts polled by Thomson Reuters expected loss of $0.25 per share on revenues of $26.65 million for the quarter. Analysts' estimated typically exclude one-time items.

Looking forward to the first quarter, the company expects loss of $0.39 to $0.41 per share, adjusted loss of $0.28 to $0.30, and revenues of $29.5 million to $30.5 million.

Analysts currently expect loss of $0.22 per share on revenues of $28.22 million for the first quarter.

For the full year 2014, the company expect loss of $1.74 to $1.85 per share, adjusted earnings of $1.09 to $1.15 per share and revenues of $29.5 million to $30.5 million.

Analysts currently see loss of $0.82 on revenues of $125.59 million for the year.