First quarter revenue and earnings rose for Constant Contact Inc. (Nasdaq:
CTCT) to 11 cents per diluted share compared with 3 cents per diluted share in the year ago period but the company forecast current quarter results below estimates
and lowered its full year guidance. The stock price plummeted $7.34 to close at $27.51.
Constant Contact's forecast falls short
May 01, 2015 at 19:27 PM EDT