Barron’s View On Concur (CNQR): Beats Estimates

Concur Technologies Inc.

reported a revenue of $75 million for its fiscal third quarter ending June 30. Concur Technologies Inc. reported a non-GAAP EPS of 19 cents, a cent higher than the street consensus of 18 cents, or $74.2 million. According to Barron’s, the Concur expects a non-GAAP EPS of 18 cents for the fourth quarter, lower than the street estimate of 20 cents. For FY 2010, Concur Technologies expects non-GAAP profits of 76 cents a share, a penny lower than the street consensus.