Interactive Intelligence Group
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Interactive Intelligence Group met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share shrank to a loss.
Margins contracted across the board.
Interactive Intelligence Group booked revenue of $59.3 million. The seven analysts polled by S&P Capital IQ expected sales of $59.0 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $52.1 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 $0.10. The six earnings estimates compiled by S&P Capital IQ anticipated $0.05 per share. GAAP EPS were -$0.02 for Q3 against $0.16 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 65.7%, 110 basis points worse than the prior-year quarter. Operating margin was -1.5%, 1,060 basis points worse than the prior-year quarter. Net margin was -0.8%, 710 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $67.5 million. On the bottom line, the average EPS estimate is $0.26.
Next year's average estimate for revenue is $234.2 million. The average EPS estimate is $0.50.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 368 members out of 393 rating the stock outperform, and 25 members rating it underperform. Among 116 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 112 give Interactive Intelligence Group a green thumbs-up, and four 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 $30.29.
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