Bellevue-based travel expense company Concur beat expectations with GAAP revenue of $178 million in its quarterly earnings report today, an increase of 29 percent from the year-ago quarter.
Concur also broke even last quarter, posting an earnings per share of $0.00, compared to an EPS of $0.05 per share at this time last year. Wall Street expected earnings of $0.16 per share.
“All of this activity is adding to the foundation for Concur’s long term strategic vision, and building new financial leverage on top of our historically strong core Travel & Expense automation solutions,” CEO Steve Singh said in a statement.
Shares of Concur, which are down 10 percent in the past year, stayed flat in after-hours trading. Here’s a closer look at the company’s latest financials: