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Interactive Intelligence sees higher profit on more orders

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Interactive Intelligence Group Inc. saw earnings jump to $1.46 million in the first quarter as sales orders rose 31 percent.

Earnings for the Indianapolis-based software maker were 7 cents per share in the recent quarter compared with 1 cent per share, or $189,000, in the same period  a year ago.

During a conference call with investors Monday, CEO Don Brown said the company had twice as many orders priced at more than $250,000 than it had in the first quarter a year ago. There were 37 contracts over $250,000 in the latest period, including eight orders over $1 million

That drove revenue up to $73.2 million in the quarter, compared to $52.8 million a year ago.

Interactive Intelligence shares closed at $42 each Monday and were up 61 cents in aftermarket trading.

 

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