Robert DeFrancesco’s

TechStockProspector.com
February 21, 2013

Responsys (MKTG) Shares Soar 21% on Solid Guidance
NOW AVAILABLE: The February 2013 issue of Tech-Stock Prospector for your Amazon Kindle or Kindle for iPad/iPhone reading app. Here are some of the topics covered in the February 2013 issue: *A subtle sentiment shift for Apple *Oracle to acquire Acme Packet *Two potential buyout targets in networking *Appreciating Google’s online video gem *Cloud-software updates: NetSuite, Ultimate & Concur *Fortinet experiences a growth uptick *A cloud name to watch: E2open *Symantec sets a new course *Customer concentration trips up Fusion-IO *LinkedIn builds engagements as user base grows *Why some big investors like ServiceNow *New growth drivers for Citrix Systems *Riverbed Technology looks to OPNET for growth *Aruba Networks benefiting from BYOD trend *Cornerstone OnDemand expands its customer base *Deal Report: IBM on the M&A hunt?

Order the February 2013 issue here: http://www.amzn.com/B004T6Z0ME
-----------------------------------------------------------------------------------------------------------Shares of Responsys (MKTG, $7.80), a provider of cloud-based interactive marketing solutions, today are up more than 21% after the company reported Q4 EPS of seven cents, two cents above the consensus estimate, on revenue of $44.7 million (+19.7% year over year), vs. the consensus of $42.5 million. Subscription revenue advanced 13.2% to $30.3 million and services revenue was up 37.2% to $14.4 million.

For 2013, Responsys expects revenue of $188 million to $192 million (above the consensus of $185.7 million), representing growth of 16.7% at the midpoint. Last year, revenue rose 20.7% to $162.8 million. Responsys went public in April 2011 at $12 a share and traded as high as $18.19 in July 2011. The stock hit a post-IPO low of $5.47 this past December. Even with today’s big gain in the shares, Responsys still has a market cap of just $380 million. There is $106.6 million in cash & investments on the balance sheet. We wrote about Responsys in our January 2013 issue as part of our coverage of Oracle’s purchase of Eloqua. *********************************************************************************** Read the latest issue of Tech-Stock Prospector on your Amazon Kindle or Kindle for iPad/iPhone reading app.

Here’s the Kindle link: http://www.amzn.com/B004T6Z0ME
-----------------------------------------------------------------------------------------------------Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20 years of experience covering the tech sector. He is a former senior writer with Louis Rukeyser’s Wall Street. TechStockProspector.com, launched in 2003, is an investment-research service focused primarily on the networking, storage, security, wireless and software sectors. Annual subscription: $350. For more information or to place an order, call 800-392-0998.

Sign up to vote on this title
UsefulNot useful