IBJNews

Interactive Intelligence expecting strong earnings

Back to TopCommentsE-mailPrintBookmark and Share

Indianapolis-based Interactive Intelligence Inc. expects profit in both the fourth quarter and entire year of 2010 to exceed earnings in the previous time periods, the company announced late Monday.

The business-communications software firm, in announcing preliminary earnings, anticipates reporting fourth-quarter profit of between $4.5 million and $5.3 million, or about 23 cents to 27 cents per share.

For the final quarter of 2009, Interactive Intelligence earned $2.5 million, or 14 cents per share.

The fourth quarter is typically the company’s strongest, and that held true in 2010, Interactive Intelligence Founder and CEO Donald E. Brown said in a prepared statement.

“A number of significant product orders resulted in an outstanding performance for the quarter, including five orders over $1 million and another 25 orders over $250,000,” he said.

For the year ended Dec. 31, Interactive Intelligence expects profit of between $12.3 million and $13.1 million, with earnings per share of between 65 cents and 69 cents, compared with 2009 profit of $8.6 million, or 47 cents per share.

Fourth-quarter revenue last year should be between $49 million and $51 million, compared to revenue of $35.9 million in the same quarter of 2009.

The company forecasts revenue for the entire year to be between $164.7 million and $166.7 million, compared to $131.4 million in 2009.

The company’s outlook for 2011 includes annual revenue of at least $200 million, or 20-percent growth compared to last year’s revenue, Brown said.

Interactive Intelligence is scheduled to report fourth quarter and year-end results for 2010 at 7 a.m. Jan. 28.

Company shares hit a 52-week high of $29.62 each on Monday before closing slightly lower at $29.41.
 
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Only half a million TV Viewers? And thats an increase? I knew Indycar was struggling but I didn't know it was that bad. Hell, if NASCAR hits 5 Million viewers everyone starts freaking out saying its going down hill. It has a long way to before Indycar even hits NASCAR's bad days.

  2. IU has been talking that line for years with no real progress even with the last Dean, Dr. Brater. Why will an outsider, Dr. Hess, make a difference? With no proof of additional resources (cash in the bank), and a concrete plan to move an academic model that has been outdated for decades with a faculty complacent with tenure and inertia, I can count on IU to remain the same during the tenure of Dr. Hess. One ought to look to Purdue and Notre Dame for change and innovation. It is just too bad that both of those schools do not have their own medical school. Competition might wake up IU. My guess is, that even with those additions to our State, IU will remain in its own little world squandering our State's tax dollars. Why would any donor want to contribute to IU with its track record? What is its strategy to deal with the physician shortage for our State? New leadership will not be enough for us to expect any change.

  3. How do you think the Bridges got approved? I spent a couple days researching PAC's and individual contributions to some city council members during that time. My printouts were inches thick on the two I concentrated on. Finally gave up. Was disgusted with all the donations, and who they were from. Would have taken me days and days to compile a complete list. Tried to give it to the Star reporter, but he thought it was all just fine. (and apparently he was treated well himself) He ended up being laid off or fired though. And then of course, there was land donated to the dad's club, or city, as a partial payoff. All done in the shining example of "charity." No, none of these contributions are a coincidence.

  4. I agree what kind of help or if any will be there for Dr. Ley's patients. I was a patient myself.

  5. What about the hundreds of patients who sought this doctor for the right reasons, to quit drugs. what option do these patients now have, experience horrible withdrawl or return to heroin?? those are the choices. what about the children of these former addicts who's parent(s) WILL not b able to maintain their job, for @ least 2 weeks.. There needs to b an emergency clinic opened for these patients.

ADVERTISEMENT