Interactive Intelligence Group Shares Popped: What You Need to Know (ININ)

Interactive Intelligence Group Shares Popped: What You Need to Know

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Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Interactive Intelligence Group (Nasdaq: ININ ) popped 12% in intraday trading today after modestly beating earnings expectations and making bullish statements about moving up-market with more sales to larger customers, rapidly increasing cloud-based revenues, expanding internationally, and increased interest in its process automation capability.

So what: Non-GAAP EPS of $0.32 beat the $0.31 consensus estimate and increased 19% year-over-year. GAAP EPS was $0.19, up 46% year-over-year, while revenue of $52 million rose 34%.

Now what: Operating income increased less that 18% year-over-year, little more than half the pace of revenue growth. Gross margins held steady, but operating margins fell from 12% to 10.6%. The pace of operating income growth makes the stock look pricey at a GAAP P/E ratio of about 43 times and non-GAAP P/E ratio of 23 times.

Interested in more info on Interactive Intelligence Group? Add it to your watchlist by clicking here.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

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Fool contributor Cindy Johnson does not own shares of any company named above. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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