Summit Research Cuts Price target Following Interactive Intelligence's (ININ) In-Line Guidance

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Interactive Intelligence Reports 2015 Fourth-Quarter and Fiscal Year Financial Results

February 1, 2016 4:05 PM EST

Record Q4 total revenues of $107.7 million; above guidance and first time over $100 million Q4 recurring revenues up 24% driven by 53% year-over-year increase in cloud subscriptions Licensed 24 PureCloud customers in 2015 Generated Q4 operating cash flow of $13.0 million

INDIANAPOLIS--(BUSINESS WIRE)-- Interactive Intelligence Group Inc. (Nasdaq: ININ), a global leader of cloud services for customer engagement, communications and collaboration, has announced financial results for its fourth quarter and fiscal year ended December 31, 2015.

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