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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowCommunication software maker Interactive Intelligence Inc. said Monday that, based on preliminary results, it expects to
report that third-quarter earnings rose as product and services revenue climbed.
Shares of the Indianapolis-based
company, whose preliminary results are also ahead of analyst estimates, jumped in after-hours trading, rising $2.93 each,
or 15.4 percent, after finishing regular trading down 4 cents at $19.07.
Interactive Intelligence expects to report
a profit of $2.5 million to $2.9 million, or 13 cents to 16 cents per share. When excluding items, the company expects to
have earned 28 cents to 31 cents per share.
Analysts surveyed by Thomson Reuters, who generally exclude items from
estimates, expect a profit of 15 cents per share.
The company earned $924,000 in the year-ago quarter, or 5 cents
per share. When excluding items, it earned 11 cents per share.
Interactive Intelligence expects revenue between
$32 million and $34 million. It reported $30.1 million in the year-ago quarter. Analysts expect $31.3 million.
The
company said that two license orders for more than $1 million each, along with eight orders worth more than $250,000 apiece
helped revenue.
The company is due to release its final third-quarter results on Oct. 26.
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