Interactive Intelligence (ININ) Tops Q2 EPS by 10c
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Interactive Intelligence (NASDAQ: ININ) reported Q2 EPS of $0.01, $0.10 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $96.3 million versus the consensus estimate of $91.99 million.
“We saw strong execution against our strategic plan this quarter,” said Dr. Donald E. Brown, Interactive Intelligence founder and CEO. “Demand remained solid for our single-tenant cloud solutions and increased nicely for our on-premises solutions. Importantly for the future, interest is building for our new multi-tenant cloud offerings. All major geographies contributed positively in the quarter, with especially good performances by our EMEA and Latin American operations despite a difficult currency environment. We again saw evidence that we’re getting additional leverage in our operating model, particularly from the improved efficiencies in our cloud delivery capabilities as we’ve scaled to service a base that almost doubled to more than two hundred active customers since the beginning of last year.
“The company remains focused on its strategy to meet developing demand for integrated business collaboration, communications and customer engagement solutions,” Brown continued. “We believe we are the only vendor able to meet the needs of customers whether they prefer on-premises, single-tenant cloud, or multi-tenant cloud solutions. We’ll continue to drive up-market in delivering these solutions while also expanding our scope to increase our share in other segments of the communications markets.”
For earnings history and earnings-related data on Interactive Intelligence (ININ) click here.
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