Interactive Intelligence Group
The 10-second takeaway
For the quarter ended March 31 (Q1), Interactive Intelligence Group beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly. Non-GAAP earnings per share expanded significantly. GAAP earnings per share increased significantly.
Gross margins dropped, operating margins increased, net margins increased.
Interactive Intelligence Group reported revenue of $73.2 million. The seven analysts polled by S&P Capital IQ anticipated sales of $64.2 million on the same basis. GAAP reported sales were 39% higher than the prior-year quarter's $52.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.17. The six earnings estimates compiled by S&P Capital IQ forecast $0.02 per share. Non-GAAP EPS of $0.17 for Q1 were 89% higher than the prior-year quarter's $0.09 per share. GAAP EPS of $0.07 for Q1 were much higher than the prior-year quarter's $0.01 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 64.7%, 220 basis points worse than the prior-year quarter. Operating margin was 4.7%, 410 basis points better than the prior-year quarter. Net margin was 2.0%, 160 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $68.3 million. On the bottom line, the average EPS estimate is $0.06.
Next year's average estimate for revenue is $288.3 million. The average EPS estimate is $0.43.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 366 members out of 393 rating the stock outperform, and 27 members rating it underperform. Among 117 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 114 give Interactive Intelligence Group a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Interactive Intelligence Group is outperform, with an average price target of $46.83.
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