Interactive Intelligence Swings To Q2 Profit

(RTTNews) - Interactive Intelligence Group Inc. (ININ) Monday reported second-quarter net income of $1.2 million or $0.06 per share, compared to a net loss of $1.1 million or $0.06 per share last year.

Adjusted net income for the quarter was $2.9 million or $0.14 per share compared to $580 thousand or $0.03 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to earn $0.02 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues were $76.2 million, an increase of 39 percent from $54.8 million last year. Analysts estimated revenues of $69.98 million for the quarter.