Constant Contact Inc. (CTCT) reported fourth quarter non-GAAP net income of $0.27 per share after the close Thursday, compared to $0.14 per share last year. The consensus estimate was for EPS of $0.24. The company expects to report first quarter non-GAAP EPS of $0.09 to $0.10 and between $0.86 and $0.90 for the full year 2012. The consensus estimates are for EPS of $0.12 and $0.92.
Constant Contact gapped up at the open Friday and has risen sharply in early trade. Shares are now up 3.39 at $29.39 on above average volume. The stock has climbed past the upper end of over a 2-week range and has set a 9-month high.
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