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Interactive Intelligence expecting strong earnings

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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.
 
 

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  1. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  2. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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