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
So what: The company expects to report revenue of $49 million to $51 million and non-GAAP earnings per share of $0.48 to $0.52. This crushes analysts' estimates of $43.93 million in revenue and $0.31 in EPS, showing this is another Motley Fool Rule Breakers pick that's on a roll.
Now what: I'm nothing but bullish on the company's long-term prospects because of these results, along with an outlook for 2011 of at least $200 million in revenue, which would be 20% growth from 2010. Interactive Intelligence has made a quick run from $15 per share to $36 per share, and even though the pace might slow, the stock has room to run. Before buying, I'd like to see a little pullback in the next few days, but the long-term investment thesis looks very strong.
Interested in more info on Interactive Intelligence? Add it to your watchlist.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings, or follow his Motley Fool CAPS picks at TMFFlushDraw.
Interactive Intelligence is a Rule Breakers recommendation. 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.