EmailinContact (SAAS $5.03 +0.18) is trading about 3% lower driven by upside guidance. The company issued upside guidance for fourth quarter with revenues in excess of $23.5 million versus the $23.04 million consensus. Software segment revenue is expected to be in excess of $11 million for Q4, achieving the 25-30% Q4 growth rate guidance given at the beginning of the year.
Telecom segment revenue is expected to be in excess of $12.5 million, an increase of approximately 8% from Q4 2010. "We are pleased to deliver on our Q4 2011 revenue growth rate objective and to report a strong finish to a pivotal year for the company.
This fourth quarter revenue was achieved without any contribution from our recently announced reseller relationships with Siemens Enterprise Communications and Verizon. Siemens has a minimum revenue commit beginning in the first quarter and has guaranteed $5 million of revenue in fiscal year 2012. "In addition to record Q4 software revenues, the estimated annual contract value of deals closed in the quarter is ~40% higher than the estimated value of our solid Q4 2010 bookings and represents the strongest software bookings in the Company's history."
