UPDATE: Concur Tech Posts Wider Q1 Loss, Issues Downbeat Q2 Forecast
January 31, 2013 at 01:39 AM EST
Concur Technologies (NASDAQ: CNQR ) posted a wider first-quarter loss and issued a downbeat second-quarter revenue forecast. For the current quarter, Concur projects adjusted earnings of $0.24 per share on revenue growth of 19%. However, analysts expected earnings of $0.21 per share on revenue growth of 22%. Concur posted a