Concur Technologies Inc. (CNQR) reported second quarter non-GAAP income of $0.24 per share after the bell Wednesday, down from $0.33 per share a year ago. The consensus estimate was for EPS of $0.16. The company expects to report third quarter non-GAAP EPS of $0.37, while full year 2013 non-GAAP EPS is expected to be at least $1.40. The consensus estimates are for EPS of $0.24 and $0.90.
Concur Technologies rose sharply during the first half hour of Thursday's session and finished with a gain of 4.73 at $79.20 on above average volume. The stock broke out past resistance and set a new high for the year.
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