The company, which provides marketing tools for small organizations, businesses and non-profits, reported revenue increased 15.6% to $78.9 million, compared to $68.2 million from the 2013 first quarter.
Adjusted EBITDA was $11.0 million from $6.9 million during the same quarter last year.
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GAAP net income was $850,000, or 3 cents per diluted share, compared to a GAAP net loss of -$650,000, or -2 cents per diluted share.
Non-GAAP net income was $5.0 million, or 16 cents per diluted share for the 2014 first quarter, up from $1.5 million, or 5 cents per diluted share for the same period in 2013.
TheStreet Ratings team rates CONSTANT CONTACT INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate CONSTANT CONTACT INC (CTCT) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income."