Interactive’s stock drop shows vagaries of Wall Street
The greater success Interactive Intelligence enjoys transitioning customers to the cloud, the greater the drag on short-term results.
The greater success Interactive Intelligence enjoys transitioning customers to the cloud, the greater the drag on short-term results.
A day in the life for hundreds of new employees at Interactive Intelligence Group Inc. could mean riding a slide from one floor of their office to the next while earning about $80,000 per year.
CEO Don Brown recently told IBJ that the firm expected to hire in the neighborhood of 250 workers in 2014, and also was looking at constructing an additional building by its headquarters. An announcement is set for Thursday afternoon.
The maker of call center software has seen its stock price rocket from about $20 to $62 over the last 25 months. The runup has swelled the company’s market value from $400 million to $1.3 billion.
Interactive Intelligence Group Inc., 7601 Interactive Way, Indianapolis, 46278 (www.inin.com), develops communications and interactions-management software. In the quarter ended June 30, 2013, the company earned $1.2 million, or 6 cents per share, on revenue of $76.2 million. That compares with a net loss of $1.1 million, or 6 cents per share, on revenue of $54.8 […]
The tech firm’s shifting emphasis toward cloud services has boosted sales and profits. Strong results for the first quarter lifted its stock as much as 20 percent Tuesday.
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Indianapolis-based business-communications software firm said it is expecting higher profit and revenue for both the fourth quarter and fiscal 2010. Lucrative product orders in the fourth quarter should help boost earnings.
Interactive Intelligence Inc. has bolstered its product line of business software applications by acquiring Latitude Software for $14 million.
The Indianapolis software company has partnered with Cambridge, Mass.-based Buzzient Inc. to allow clients to monitor chatter
about them on Facebook and other sites.
Interactive Intelligence’s quarterly profit rises to $1.9 million, a 58-percent improvement over the first three months of
last year.
CEO Donald Brown saw a 32.4-percent increase in total compensation last year as the software-maker's shares soared 169
percent.
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CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically
cautious approach to acquisitions and investments, given the faltering economy.
Interactive Intelligence Inc. is enduring a serious stock slump. Its battered shares are trading around $10, about $20
off their 52-week peak. Yet CEO Don Brown remains so bullish on the software maker that he’s authorized a $10 million stock
buyback.
Interactive Intelligence Inc. has been on a wild ride since its initial public offering seven years ago. The communications software maker saw its shares shoot as high as $50 its first few months of trading, only to have them wallow below $5 for years after the tech bubble burst. But now the company is back in favor on Wall Street.