Concur Technologies (CNQR) PT Cut at Needham & Company, 'Buy' Maintained

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Go back to Concur Technologies (CNQR) PT Cut at Needham & Company, 'Buy' Maintained

Concur Technologies, Inc. (CNQR) Tops Q2 EPS by 6c

April 29, 2014 4:32 PM EDT

Concur Technologies, Inc. (NASDAQ: CNQR) reported Q2 EPS of $0.15, $0.06 better than the analyst estimate of $0.09. Revenue for the quarter came in at $169.5 million versus the consensus estimate of $165.81 million.

"We are experiencing strong traction across all of our key drivers, with continued success in our core products and growing momentum around our open platform initiatives," said Steve Singh, Chairman and CEO of Concur. "In the second quarter, on a non-GAAP basis, we exceeded expectations for revenue, earnings, cash flow from operations and free cash flow. New customer growth was very strong and was... More