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September 03, 2015 5:03 AM ET

Software

Company Overview of Interactive Intelligence Group Inc.

Company Overview

Interactive Intelligence Group, Inc. provides software and services for collaboration, communications, and customer engagement activities worldwide. It primarily offers Customer Interaction Center (CIC) product suite, a multichannel communications platform that can be deployed on-premises or through the cloud as communications as a service (CaaS). The company’s CIC contact center application suite enables contact centers to automate, route, monitor, record, track, and report on phone calls, fax, email, Web interactions, short message service, and social media in a single or multi-site operations; and CIC solution for Unified Communications allows organizations to route live communications to...

7601 Interactive Way

Indianapolis, IN 46278

United States

Founded in 1994

2,122 Employees

Phone:

317-872-3000

Fax:

317-872-3000

Key Executives for Interactive Intelligence Group Inc.

Co-Founder, Chairman, Chief Executive Officer and President
Age: 59
Total Annual Compensation: $475.0K
Chief Services Officer and Senior Vice President of Services
Age: 41
Total Annual Compensation: $280.0K
Chief International Officer and Senior Vice President of International Sales
Age: 59
Total Annual Compensation: $250.0K
Chief Business Officer and Senior Vice President of North American Sales
Age: 53
Total Annual Compensation: $225.0K
Compensation as of Fiscal Year 2014.

Interactive Intelligence Group Inc. Key Developments

Interactive Intelligence Group Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and Full Year 2015

Interactive Intelligence Group Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $96.331 million against $79.830 million a year ago. Operating loss was $3.761 million against $11.513 million a year ago. Loss before income taxes was $4.583 million against $11.428 million a year ago. Net loss was $5.084 million or $0.24 per basic and diluted share against $6.798 million or $0.33 per diluted share a year ago. Non-GAAP operating loss was $0.737 million against $6.599 million a year ago. Non-GAAP net loss was $0.307 million or $0.01 per diluted share against $3.699 million or $3.699 per diluted share a year ago. Adjusted EBITDA was $5.784 million against adjusted LBITDA $2.831 million a year ago. For the six months, the company reported total revenues of $185.806 million against $159.278 million a year ago. Operating loss was $8.532 million against $16.326 million a year ago. Loss before income taxes was $9.533 million against $16.155 million a year ago. Net loss was $8.543 million or $0.40 per basic and diluted share against net income of $9.362 million or $0.45 per diluted share a year ago. Non-GAAP operating loss was $0.412 million against $7.646 million a year ago. Non-GAAP net loss was $0.566 million or $0.03 per diluted share against $4.092 million or $0.20 per diluted share a year ago. Adjusted EBITDA was $9.369 million against $0.481 million a year ago. Net cash provided by operating activities was $11.639 million against $3.842 million a year ago. Purchases of property and equipment were $10.659 million against $10.078 million a year ago. For third quarter, the company expects revenues to range between $96 million and $98 million, non-GAAP operating loss of approximately $6 million to $7 million and operating cash flow to be positive. The company's financial outlook for the full year 2015, revenues in the range of $387 million to $391 million for year-over-year growth of 13% to 15%. The company expects to report a non-GAAP operating loss of approximately $3.5 million to $4.5 million, which is based on 21.7 million fully diluted shares outstanding and a projected long-term effective tax rate of 38%.

Interactive Intelligence Group Inc. Announces Management Changes, Effective August 1, 2015

Interactive Intelligence Group Inc. has appointed Ashley Vukovits as its new chief financial officer, senior vice president of administration, secretary and treasurer effective Aug. 1, 2015. Vukovits replaces Stephen R. Head, who is retiring as chief financial officer, effective with Vukovits’ appointment. Head is expected to remain with Interactive Intelligence through mid-August. Vukovits, who brings with her more than 20 years of experience in corporate finance, will be responsible for global financial planning, accounting and reporting; human resources; information technology; and risk management. Most recently she served as vice president of finance for the company, during which time she managed more than 70 employees and was responsible for all global accounting and financial management activities. Effective Aug. 1, 2015, Interactive Intelligence will also promote its chief performance officer Bill Gildea to a newly created chief operating officer position. As COO, Gildea will be responsible for driving operational efficiencies throughout the company, and managing corporate development, legal and investor relations.

Interactive Intelligence Group Inc. Expands in Durham

Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III and the Economic Development Partnership of North Carolina announced that Interactive Intelligence Group Inc. will be expanding in Durham County. The company plans to create 200 new jobs in Durham within the next five years. Interactive Intelligence's capital investment will be $1.2 million by the end of 2019.

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