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Technology Stocks : CNQR - Concur Technologies

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From: JakeStraw	1/31/2008 8:16:05 AM
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Concur Raises Full-Year Outlook biz.yahoo.com Wednesday January 30, 5:41 pm ET Concur Raises Full-Year Outlook After Reporting Fiscal 1st-Qtr Earnings Nearly Quadrupled REDMOND, Wash. (AP) -- Concur Technologies Inc., which makes software to help businesses automate employee expense reports, on Wednesday raised its full-year outlook after reporting its fiscal first-quarter earnings soared nearly fourfold. For the fiscal year ending in September, the company expects to earn 22 cents per share on revenue of $204 million. The company has previously forecast a profit of 15 cents per share on revenue of $194.5 million. Adjusted to exclude certain one-time items, the company sees full-year earnings of 74 cents per share. Analysts, who typically exclude one-time items, currently predict a profit of 44 cents per share on revenue of $200.5 million, according to a Thomson Financial poll.

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