Constant Contact Sees the Most Gains since 2007 and Sirius XM Launches 2 New Channels
Constant Contact, Inc. (NASDAQ: CTCT) shares climbed the most in more than six years after the company increased its sales forecast for the year. CTCT has more than doubled in the past year. Revenue this year is said will jump 16 percent to about $330 million, up from a previous forecast of more than 13 percent growth. Chief Executive Officer Gail Goodman said the company is adding new customers and generating more revenue per client. Constant Contact, Inc. provides online marketing tools that are designed for small businesses, associations, and non-profits primarily in the United States.