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Interactive Intelligence expects quarterly loss

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Interactive Intelligence Group Inc. on Tuesday said it expects to report a net loss in the range of $500,000 to $1.5 million when it releases second quarter results July 31.

That’s a per-share loss of between 2 cents and 7 cents.

The Indianapolis-based maker of call-center software earned $6.3 million, or 32 cents per share, in last year's second quarter.

Interactive Intelligence, however, said a greater-than-expected level of product orders in the quarter bodes well for future earnings periods. The company is selling a lower percentage of its software in a box and more through cloud-based delivery, in which customers access the software over the Internet.

Cloud-based orders are up 88 percent year-over-year.

The company also said revenue in the quarter was held back by extended payment terms on a large order, deferral of other orders and a higher percentage of prepaid, multiyear product-maintenance revenue that is recognized over the support period.

As a result, second quarter revenue will be between $54 million and $55 million, which is below previous guidance of $58 million to $61 million. Revenue in last year's second quarter was $52 million.

CEO Donald Brown said total product orders rose 26 percent during the second quarter. He said Interactive should hit its 20-percent order growth rate for the full year, as expected.

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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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