Faster Adoption Boosts Concur Revenues

Faster adoption of its end-to-end platform helped online booking and expense vendor Concur Technologies post record revenues of $29.2 million, 52 percent more than a year earlier and $1.7 million more than it expected, in its first fiscal quarter that ended Dec. 31. "Compared to the same quarter two years ago, revenue has more than doubled," Concur chairman and CEO Steve Singh told investors during a conference call last week.