Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Constant Contact Inc (NASDAQ: CTCT) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Constant Contact Inc (NASDAQ: CTCT) concerning whether a series of statements by Constant Contact Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On April 30, 2015, Constant Contact Inc announced lower than expected first quarter results, missing revenue forecast and lowering full-year guidance. For the current quarter, Constant Contact Inc expects revenue of $91.5 million to $92 million, and EPS of 21 cents to 22 cents, excluding some costs. That compares to the consensus for $94.5 million and 23 cents.

For the full year, the Company now sees revenue of $371 million to $377 million, and EPS of $1.29 to $1.38, which is lower than Constant Contact Inc’s prior forecast of $388 million and $1.38 per share, according to a report in Barron's.

The, CEO, Gail Goodman, had this to state about Constant Contact Inc’s disappointing results “[w]e were disappointed with the mixed results for the quarter, as revenue came in below expectations while profitability was better than expected. In the quarter we didn’t deliver an acceleration in customer additions as expected, which resulted in missing our revenue goal. Given the current trends, we are adjusting down our revenue plans for the remainder of the fiscal year.”

Following the release of this news, shares of Constant Contact dropped $7.34 per share, to close at $27.51, or more than 21.06%, on May 1, 2015.

Based in Waltham, MA and founded in 1995, Constant Contact Inc offers small organizations, worldwide, online marketing tools by creating and growing their customer and member relationships through its products. It’s products include Email Marketing, EventSpot, Social Campaigns, SaveLocal, SinglePlatform, and Survey.

If you purchased shares of Constant Contact Inc (NASDAQ: CTCT) on or before April 30, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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