ExactTarget Reports 52% Revenue Growth in Second Quarter
ExactTarget, a global provider of interactive marketing solutions, announced it posted record performance in the second quarter, boosting revenue 52 percent over the same period in 2010.
The increase in revenue marks the 42nd consecutive quarter of growth for the company that welcomed new clients and key renewals in the quarter including Overstock.com, Norwegian Cruise Line, Belk, The Economist Online, Von Maur and Bank of Montreal.
“We continued our record-setting global growth in the second quarter as marketers across all segments and verticals achieved unparalleled results from our interactive marketing platform,” said Scott Dorsey, ExactTarget’s CEO and co-founder. “Powering our clients’ cross-channel marketing successes across email, mobile, Twitter, Facebook and the Web at record-setting scale allows us to fuel our growth and build our team to support the world’s leading brands.” Since 2009, ExactTarget has expanded its operations in the UK and Australia and added hundreds of employees around the globe. The company posted 52 percent year-over-year revenue growth in the first quarter 2011 and recorded annual revenue growth of 41 percent in 2010, finishing the year with $134 million in revenue.