The company said it expected a first-quarter GAAP net loss of $0.09 to $0.10 per share, but on a non-GAAP basis, it would have a loss of $0.03 to $0.04 per share. EBITDA margins of 5.9% to 6.6% are expected to compress in the first quarter because of costs associated with an acquisition it made and its decision to have a television presence. Management noted at the time that without those higher expenses, EBITDA margins "would show a healthy year-on-year increase."
For the full year, it forecast GAAP profits of $0.10 to $0.13 per share but said adjusted earnings will be $0.62 to $0.69 per share. Of the 16 analysts covering Constant Contact, the consenus indicates that Wall Street believes the company will post per-share earnings of $0.64, down from the $0.68 they had previously forecast 30 days ago.
The CRM leader anticipates revenues in the area of $68 million in the first quarter, with 13% to 15% growth achieved for the full year, or $284 million to $289 million. That squares with the $286 million analysts predict, though it's at the lower end of the range management provided.
More than half a million small businesses, nonprofits, and associations worldwide use the company's online marketing tools to conduct marketing campaigns through email, social media, and events.