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: Shares of call center software specialist Interactive Intelligence (NASDAQ:ININ) soared 19% today after its preliminary quarterly results and outlook topped Wall Street estimates.

So what: Interactive's preliminary fourth-quarter revenue -- management expects revenue to jump 21%-24% to $70 million-$72 million -- and 2013 outlook were so strong that analysts have no choice but to raise their valuation estimates. Management even expects fourth-quarter operating margins to come in at a solid 7%-10%, giving investors plenty of optimism over profitable growth going forward.

Now what: Management now sees 2013 revenue of $285 million-$290 million, well above the average analyst estimate of $266.9 million. "Interactive Intelligence is solidifying its position as a leader in the cloud-based contact center market, and we plan to extend that position by continuing to accelerate our pace of innovation in the coming year," said Founder and CEO Dr. Donald Brown. Given today's massive rally, however, I'd wait for some of the euphoria to fade before by into that bullishness.

Interested in more info on Interactive? Add it to your watchlist.

Brian Pacampara has no position in any stocks mentioned. The Motley Fool recommends Interactive Intelligence. Try any of our Foolish newsletter services free for 30 days. 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.