Market Overview

Huge Move In Interactive Intelligence Today (ININ)


Interactive Intelligence (NASDAQ: ININ) had a tremendous day today, gaining over 24% on nearly nine times its average daily volume.

The company released preliminary fourth-quarter results yesterday after the bell. The company said it expects to report revenues of $49 million to $51 million and non-GAAP earnings 48 to 52 cents per share. Wall Street has been expecting earnings of 31 cents per share on revenues of $49.93 million.

The company expects to do $200 million in revenues this year, which would be a 20% gain from last year.

Interactive Intelligence, Inc. provides software application suites for voice over Internet protocol (VoIP) business communications to enterprises around the world.

Posted-In: Movers


Related Articles (ININ)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→