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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. I took Bruce's comments to highlight a glaring issue when it comes to a state's image, and therefore its overall branding. An example is Michigan vs. Indiana. Michigan has done an excellent job of following through on its branding strategy around "Pure Michigan", even down to the detail of the rest stops. Since a state's branding is often targeted to visitors, it makes sense that rest stops, being that point of first impression, should be significant. It is clear that Indiana doesn't care as much about the impression it gives visitors even though our branding as the Crossroads of America does place importance on travel. Bruce's point is quite logical and accurate.

  2. I appreciated the article. I guess I have become so accustomed to making my "pit stops" at places where I can ALSO get gasoline and something hot to eat, that I hardly even notice public rest stops anymore. That said, I do concur with the rationale that our rest stops (if we are to have them at all) can and should be both fiscally-responsible AND designed to make a positive impression about our state.

  3. I don't know about the rest of you but I only stop at these places for one reason, and it's not to picnic. I move trucks for dealers and have been to rest areas in most all 48 lower states. Some of ours need upgrading no doubt. Many states rest areas are much worse than ours. In the rest area on I-70 just past Richmond truckers have to hike about a quarter of a mile. When I stop I;m generally in a bit of a hurry. Convenience,not beauty, is a primary concern.

  4. Community Hospital is the only system to not have layoffs? That is not true. Because I was one of the people who was laid off from East. And all of the LPN's have been laid off. Just because their layoffs were not announced or done all together does not mean people did not lose their jobs. They cherry-picked people from departments one by one. But you add them all up and it's several hundred. And East has had a dramatic drop I in patient beds from 800 to around 125. I know because I worked there for 30 years.

  5. I have obtained my 6 gallon badge for my donation of A Positive blood. I'm sorry to hear that my donation was nothing but a profit center for the Indiana Blood Center.

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