Key Developments For Concur Technologies, Inc.
Concur Technologies, Inc. (CNQR.O) (Nasdaq)
Concur Technologies, Inc. Issues Q1 2010 EPS Outlook In Line With Analysts' Estimates; Issues FY 2010 EPS Outlook Below Analysts' Estimates
Concur Technologies, Inc. announced that for the first quarter of 2010, it expects earnings per share (EPS) to be $0.11 and non-GAAP pre-tax EPS to be $0.27. The Company expects EPS for fiscal 2010 to be $0.52 and non-GAAP pre-tax EPS to be $1.27. According to Reuters Estimates, analysts on an average were expecting the Company to report GAAP EPS of $0.11 for the first quarter of 2010; and GAAP EPS of $0.64 for fiscal 2010.
Concur Technologies, Inc. Announces John Adair's Plan To Retire As Chief Financial Officer In Fiscal 2010
Concur Technologies, Inc. announced that Chief Financial Officer John Adair expects to retire from his position during fiscal 2010 in order to attend to family needs. Until a successor is named and the transition process is complete, Mr. Adair will continue to serve as Concur's Chief Financial Officer.
Concur Technologies, Inc. and Southwest Airlines Signs New Access Agreement
Concur Technologies, Inc. announced that it has signed a content agreement with Southwest Airlines, which gives Concur Travel & Expense client direct access to Southwest Airlines fares and schedules.
Concur Technologies, Inc. Issues Q4, FY 2009 EPS Outlook Below Analysts' Estimates
Concur Technologies, Inc. announced that for the fourth quarter of 2009, it expects earnings per share (EPS) to be $0.11 and non-GAAP pre-tax earnings per share to be $0.27. For fiscal 2009, the Company expects EPS to be $0.49 and non-GAAP pre-tax earnings per share to be $1.12. According to Reuters Estimates, analysts on an average were expecting the Company to report GAAP EPS of $0.15 for the fourth quarter of 2009; and GAAP EPS of $0.51 for fiscal 2009.
Concur Technologies, Inc. Acquires Etap-On-Line
Concur Technologies, Inc. announced that it has acquired privately-held Etap-On-Line, a provider of business travel and expense management solutions based in Paris, France. Concur expects the acquisition, which closed on August 1, 2009, to be accretive to fiscal 2010 pro forma earnings. Financial details were not disclosed.
