Interactive Intelligence Reports Preliminary 2009 Third Quarter Results

Interactive Intelligence, a provider of unified IP business communications solutions, announced preliminary results for its third quarter ended Sept. 30.

The company noted in an October 12 release that it expects to report total revenues between $32.0 million and $34.0 million, net income on a non-GAAP basis between $5.2 million and $5.8 million, and diluted earnings per share (EPS) on a non-GAAP basis between $0.28 and $0.31. The company expects to report GAAP net income between $2.5 million and $2.9 million, and EPS between $0.13 and $0.16.

These preliminary results include gains from foreign currency of approximately $400,000. Non-GAAP net income and EPS differ from GAAP net income and EPS due to a stock-based compensation expense of approximately $975,000, or EPS of $0.05, and a non-cash income tax expense of approximately $1.8 to $2.0 million, or EPS of $0.10 to $0.11.

Interactive Intelligence has not completed preparation of its financial statements for the quarter ended Sept. 30. These preliminary results may be subject to adjustments and could change materially.

Interactive Intelligence noted it plans to release final third quarter financial results Oct. 26, at 4 p.m. Eastern time (EDT) and will host a conference call Oct. 26 at 4:30 p.m. EDT featuring Dr. Donald E. Brown and the company's CFO, Stephen R. Head. A live Q&A session will follow opening remarks.

To access the teleconference, please dial 1.888.516.2377 at least five minutes prior to the start of the call. Ask for the teleconference by the following name: "Interactive Intelligence third quarter earnings call."

The teleconference will also be broadcast live on the company's investor relations' page at investors.inin.com. An archive of the teleconference will be posted following the call.

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