Concur Reports Earnings for Third Quarter
Concur (Nasdaq: CNQR) today reported financial results for its third fiscal quarter ended June 30, 2010.
Concur reported total revenue for the third quarter of fiscal 2010 of $75.0 million. Total revenue for the quarter was up 20% from the year-ago quarter and up 3% from the prior quarter. Fiscal 2010 third quarter net income was $3.7 million, or $0.07 per share, exceeding company expectations. This compares to net income of $7.2 million, or $0.14 per share, in the year-ago quarter.
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