Interactive Intelligence earnings slip, revenue rises
Indianapolis-based software maker Interactive Intelligence Group Inc. saw profit slip in the fourth quarter despite a rise in revenue.
Indianapolis-based software maker Interactive Intelligence Group Inc. saw profit slip in the fourth quarter despite a rise in revenue.
Interactive Intelligence Group Inc. shares fell more than 25 percent Tuesday morning after the Indianapolis-based software maker reported disappointing profit in the third quarter.
The Indianapolis-based software firm said it has added 190 jobs in Indiana since the beginning of 2010—a 46-percent growth rate in its state employment.
Money and experience have flowed to a number of firms from Software Artistry executives.
The Indianapolis business-communications software firm reported second-quarter revenue of $52 million, up 34 percent from the same period last year. Profit grew 26 percent, to $6.3 million.
CallTime has been Interactive Intelligence’s largest revenue-producing reseller in Australia and New Zealand for the past three years. It has 30 employees and about 50 customers.
Indianapolis-based Interactive Intelligence Inc. develops communications and interactions-management software.
The Indianapolis business-communications software firm on Monday reported revenue of $47.7 million in the quarter ended March 31, up 36 percent from the same period last year. Profit was $3.1 million.
Interactive Intelligence Inc. will ask shareholders at its next annual meeting to vote on a proposal to reorganize the software firm under a new holding company called Interactive Intelligence Group Inc.
In a question-and-answer forum, leaders weigh in on topics ranging from tech transfer to the future of Aprimo.
Shares of the call center software firm Interactive Intelligence have nearly tripled, to around $38 from a 52-week low of $14, last August, thanks to a string of larger orders, and to its anticipation of the rise of “communications as a service,” or CaaS.
Indianapolis-based Interactive Intelligence Inc. has acquired Agori Communications in an all-cash transaction, announced Tuesday morning.
A rise in large orders enabled the business-communications software firm to more than double profit to more than $10.4 million in the fourth quarter. Revenue leaped 41 percent, to $50.7 million.
The maker of contact center software said it expects to report fourth-quarter revenue of $49 million to $51 million, compared with $35.9 million for the same quarter last year.
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. develops communications and interactions-management software. For the nine months ended Sept. 30, 2010, the company reported net income of $7.8 million, or 42 cents a share, on revenue of $115.7 million.
The business-communications software firm had profit of $3.5 million in the quarter ended Sept. 30, up from $2.8 million in the same period of 2009. Quarterly revenue leaped to $41.8 million, an increase of 26 percent.
Shares of Interactive Intelligence Inc. surged Tuesday after the communications software maker reported preliminary third-quarter results and projected that revenue will grow 20 percent this year.
Interactive Intelligence Inc. has bolstered its product line of business software applications by acquiring Latitude Software for $14 million.
The Indianapolis-based company reported second quarter profit of $2.5 million on increased sales of
its business communications software.