inContact (SAAS) Misses Q2 EPS by 1c

inContact (NASDAQ: SAAS) reported Q2 EPS of ($0.12), $0.01 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $53.1 million versus the consensus estimate of $51.26 million.

inContact sees FY2015 revenue of $211-214 million.

Paul Jarman, inContact CEO said, "In Q2, we again grew revenues at a very strong pace. Customer deployments were solid across our entire product spectrum, including core ACD/IVR, our Personal Connection™ predictive dialer and WFO software for companies of all sizes. We continue to win the majority of competitive opportunities, and we have added landmark new customers in healthcare, insurance and state and local government. During the quarter, we closed 127 total contracts including 74 new logo customers and 53 expansion deals with existing customers. Two of the expansions were with Fortune 100 companies."

Continued Jarman, "SaaS bookings were 3% above year ago results, and at a record level for a June quarter. Recent contract activity and the addition of new partners such as RingCentral and others, give us great confidence in our sales pipeline, leading to an increase in 2015 guidance for both software and total revenues."

For earnings history and earnings-related data on inContact (SAAS) click here.

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