Concur Technologies, Inc. reported unaudited consolidated earnings results for second quarter and six months ended March 31, 2013. For the quarter, the company’s revenue was $127,370,000 against $108,394,000 a year ago. the company grew revenue approximately $19 million or 17.5% year-over-year. Operating loss was $2,653,000 against income of $6,134,000 a year ago. Loss before income tax was $8,531,000 against income of $1,342,000 a year ago. Net loss attributable to company was $7,645,000 or $0.14 per basic and diluted share against $4,838,000 or $0.09 per basic and diluted share a year ago. Net cash provided by operating activities was $18,699,000 against $25,113,000 a year ago. Capital expenditures were $10,455,000 against $7,879,000 a year ago. Non-GAAP operating income was $15,837,000 against $20,033,000 a year ago. Non-GAAP pretax income attributable to company was $13,623,000 or $0.24 per diluted share against $18,506,000 or $0.33 per diluted share a year ago. Operating margin was 12.4% and pretax earnings per share were $0.24, both in line with expectations. For the six months, the company’s revenue was $250,168,000 against $208,778,000 a year ago. Operating loss was $10,925,000 against income of $10,787,000 a year ago. Loss before income tax was $21,906,000 against income of $748,000 a year ago. Net loss attributable to company was $19,677,000 or $0.36 per basic and diluted share against $5,706,000 or $0.11 per basic and diluted share a year ago. Net cash provided by operating activities was $23,748,000 against $31,470,000 a year ago. Capital expenditures were $20,989,000 against $15,429,000 a year ago. Non-GAAP operating income was $34,707,000 against $40,065,000 a year ago. Non-GAAP pretax income attributable to company was $30,837,000 or $0.54 per diluted share against $36,434,000 or $0.65 per diluted share a year ago. For the third quarter of fiscal 2013, the company expects revenue to grow approximately 23% year-over-year from the third quarter of fiscal 2012. The company expects non-GAAP pretax income per share to be $0.37. For the fiscal year 2013, the company expects its revenue to grow approximately 23% year-over-year from fiscal 2012. The company expects fiscal 2013 non-GAAP pretax income per share to be at least $1.40. The company expects fiscal 2013 non-GAAP operating margin to be approximately 16% to 19%. The company expects cash flows from operations in fiscal 2013 to be at least $80 million, excluding the TripIt contingent consideration settlement, excess tax benefits from share based compensation, and acquisition and other related costs. The Company expects capital expenditures to be slightly greater than typical range of 6% to 8% of fiscal 2013 revenue.

Concur Technologies, Inc. Presents at Jefferies 2013 Global Technology, Media and Telecom Conference, May-08-2013 02:00 PM. Venue: The Westin New York, Times Square Hotel, New York, New York, United States. Speakers: Todd Friedman, VP, IR.

Cegedim Relationship Management announced a strategic partnership with Concur. The partnership will integrate Cegedim's OneKey database with Concur's travel and expense (T&E) management solution to expand both companies' offerings for the global Life Sciences market. Cegedim Relationship Management and Concur have developed a new integrated solution that will be available in Concur's App Center, which launched this week, to answer global compliance needs by establishing a single compliance standard, ensuring high quality customer and expense data, and creating /delivering accurate transparency reports. Concur streamlines the essential compliance activity of capturing precise T&E data through its next generation, cloud-based solution. In order to further optimize a company's ability to meet global compliance standards, Concur's offerings will be integrated with Cegedim's flagship solutions: OneKey(TM) and AggregateSpend360(TM).