Recession hammered revenue of Indiana’s largest public companies
Few escaped the Great Recession unscathed, and unusual circumstances helped some appear as though they did.
Few escaped the Great Recession unscathed, and unusual circumstances helped some appear as though they did.
Interactive Intelligence’s quarterly profit rises to $1.9 million, a 58-percent improvement over the first three months of
last year.
CEO Donald Brown saw a 32.4-percent increase in total compensation last year as the software-maker's shares soared 169
percent.
Shortly after Interactive Intelligence Inc. decided two years ago to push beyond its roots in call centers and pitch its
communications software to more insurance agents and money managers, the company ran up against a tricky hurdle: the BlackBerry.
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Here are some of them.
Record product orders spur sales at Indianapolis-based software maker Interactive Intelligence, propelling profits to $2.5 million.
Indianapolis-based business software firm Interactive Intelligence on Monday reported higher third-quarter profit on
record revenue of $33.2 million.
Communication software maker Interactive Intelligence Inc. said Monday that, based on preliminary results, it expects to report
that third-quarter earnings rose as product and services revenue climbed.
Interactive Intelligence said yesterday it expects a profit of between $1.8 million and $2.5 million in the second quarter,
up from $845,000 the company earned in the same period last year.
CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically
cautious approach to acquisitions and investments, given the faltering economy.
Interactive Intelligence Inc. is enduring a serious stock slump. Its battered shares are trading around $10, about $20
off their 52-week peak. Yet CEO Don Brown remains so bullish on the software maker that he’s authorized a $10 million stock
buyback.
Interactive Intelligence Inc. has been on a wild ride since its initial public offering seven years ago. The communications software maker saw its shares shoot as high as $50 its first few months of trading, only to have them wallow below $5 for years after the tech bubble burst. But now the company is back in favor on Wall Street.