Concur Ends Fiscal Year With Record Sales

Booking and expense provider Concur Technologies yesterday reported record fiscal fourth quarter sales, but lower profits due to an income-tax provision. Faster adoption of its Web-based expense applications and Cliqbook travel booking tools fueled sales of $27.5 million in the quarter, 40 percent more than a year ago and $1.5 million more than expected. For its fiscal year ended Sept. 30, Concur reported revenue of $97.1 million, 35 percent more than in 2005.