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Interactive Intelligence expects higher profit

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Interactive Intelligence said yesterday it expects a profit of between $1.8 million and $2.5 million in the second quarter, up from $845,000 the company earned in the same period last year.

The Indianapolis business-communications software firm will report official second quarter financial results July 30.

Earnings per share are estimated to be between 10 cents and 14 cents, which is in line with analysts’ expectations of 14 cents.

Revenue is expected to be at least $32 million, a 4-percent increase from the same period in 2008.

Company CEO Donald Brown said in a statement that Interactive Intelligence’s revenue was bolstered by three new client orders worth about $1 million each and nine orders of more than $250,000 each.

“We saw growth in the quarter in both product and services revenues,” he said. “We were pleased to see such customer demand in an environment that continues to be very competitive and filled with economic uncertainty.”

Company shares closed yesterday at $13.11, near a 52-week high of $13.85 reached just last month.
 

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