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taleo reports strong second quarter

Fri, Aug 1, 2008

News

Taleo, a provider of talent management systems, announced during Q2’s financial call that total revenues are $38.8 million, up 25 percent from last year.

Taleo also said their customer base rose 1900 to a total of 1.5 million users.
“Taleo achieved record performance across the organization, posted record revenues, and set a record for the number of new customers. Our results highlight both the growing demand for talent management solutions in large and small companies regardless of the economic environment,” stated Michael Gregoire, Chairman and CEO of Taleo. “I am also proud that we were able to perform at this level, while simultaneously working on closing our acquisition of Vurv. Taleo’s ability to innovate and execute has helped enhance our leadership position.”

Thirteen percent of the company’s total revenues came from international growth, an 83 percent increase. They reported new deals in North America and Europe with the InterContinental Hotels Group, Children’s Healthcare of Atlanta, and North Shore Long Island Jewish Health System.

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This post was written by:

Vanessa Dennis - who has written 621 posts on Cheezhead Recruiting News and Opinion.

Vanessa Dennis, originally from Austin, Texas, was a corporate recruiter for two years before becoming a writer for Cheezhead.com. Vanessa has an English Writing degree from Loyola University of New Orleans. She currently lives with her family in Cleveland. Connect with Vanessa on the Facebook Fan Site.

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