Concur, a provider of corporate travel booking and expense-reporting services, reported that revenue for its fourth quarter was $64.8 million, up 13% from the year before. Concur said the results exceeded expectations.

Net income was $5.9 million for the quarter ended Sept. 30, up from $5.6 million.

Concur said it added more new customers than in any quarter in its history.

The vendor reported that revenue for fiscal 2009 was up 15% from the previous year, to $247.6 million. Net income was $25.7 million for fiscal 2009, up from $17.2 million for fiscal 2008.

The Redmond, Wash.-based company noted that the acquisition of Etap-On-Line, a provider of business travel and expense-management solutions based in Paris, drove strong growth in Europe during the fiscal year.

Concur CEO Steve Singh said the company exceeded expectations for revenue, earnings and free cash flow “even as unemployment nearly doubled and travel budgets saw unprecedented declines.”

Looking ahead, Singh said, "Against the backdrop of an economic environment that is continuing to stabilize, we expect year-over-year revenue growth rates to modestly trend up in the first half of fiscal 2010 and more substantially trend up in the second half of fiscal 2010.

"Given the large scale opportunity in front of us, we are accelerating investments across the business to execute on our core objectives of expanding distribution, driving innovation in our industry and setting the bar for service excellence."