ININ’s Profit Soars – Analyst Blog
Zacks Market Commentaries (October 27th, 2009) Writes:
Interactive Intelligence Inc. (ININ) announced third quarter results after the closing bell on Monday. The company stated that GAAP net income came in at $2.8 million, compared to a GAAP net income of $924,000 in the year-ago period. Excluding certain extraordinary items, adjusted earnings came in at 26 cents per share, missing the Zacks Consensus Estimate by a penny.
Interactive Intelligence is a provider of software application suites for voice over Internet protocol (VoIP) business communications to enterprises. The company offers a pre-integrated all-software Internet Protocol Private Branch Exchange (IP PBX) phone and communications solution for enterprises. It also offers software products and services for multi-channel contact management, business communications, messaging using the session initiation protocol (SIP) global communications standard that supports VoIP.
The Indianapolis-based company recorded a 10.4% growth in revenues to $33.2 million from $30.1 million in the year-ago quarter as services revenues expanded ...


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