inContact Reports First Quarter 2016 Financial Results

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inContact (SAAS) PT Lifted to $13 at Jefferies

May 6, 2016 8:26 AM EDT

Jefferies analyst John DiFucci reiterated a Buy rating and raised his price target on inContact (NASDAQ: SAAS) to $13.00 (from $12.00).

DiFucci commented, "Top and bottom line results exceeded consensus, with AMRR up 30% yoy and Software rev. up 28%. 2016 guidance implies respectable growth, as SAAS approaches... More

inContact (SAAS) Tops Q1 EPS by 5c

May 5, 2016 5:22 PM EDT

inContact (NASDAQ: SAAS) reported Q1 EPS of ($0.04), $0.05 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $62.4 million versus the consensus estimate of $60.39 million.

Said Paul Jarman, inContact CEO, "I'm pleased to report record revenues and adjusted EBITDA in the first... More