Concur reported revenue of $95.2 million for the September quarter, 23 percent more than a year ago, but a net loss of $14 million

due primarily to its acquisition of TripIt, announced in January at an expected price of $86.8 million. "It was the single largest quarter we have ever recorded in terms of new customer bookings," said chairman and CEO Steve Singh, who announced plans to "double the scale of our direct sales organization" during the next 24 months. For its fiscal year ending in September, Concur reported $349.5 million in revenue, 19 percent more than a year ago, and a net loss of $10.7 million, "primarily driven by the accounting impacts of our acquisition of TripIt," compared with 2010 net income of $20.1 million.