Interactive Intelligence Earnings: Here’s Why Investors are Buying Shares Now

Interactive Intelligence, Inc. (NASDAQ:ININ) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 9.86%.

Interactive Intelligence, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 366.67% to $0.14 in the quarter versus EPS of $0.03 in the year-earlier quarter.

Revenue: Rose 39.1% to $76.2 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Interactive Intelligence, Inc. reported adjusted EPS income of $0.14 per share. By that measure, the company beat the mean analyst estimate of $0.02. It beat the average revenue estimate of $69.98 million.

Quoting Management: “The market is now definitively recognizing how Interactive Intelligence takes enterprises’ customer service experiences to new levels,” said Interactive Intelligence Founder and CEO Dr. Donald Brown. “Demand for our solutions remained strong in the quarter as we executed particularly well in the North America and Asia Pacific regions. Our exceptional year-over-year increase in total orders was driven by a more than 400 percent increase in cloud-based orders, which included the signing of the largest contract in the company’s history.”

Key Stats (on next page)…

Revenue increased 4.04% from $73.24 million in the previous quarter. EPS decreased 17.65% from $0.17 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.12 to a profit $0.08. For the current year, the average estimate has moved up from a profit of $0.42 to a profit of $0.44 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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