Kenexa's Q2 Financial Results

kenexa’s q2 revenue up 25 percent

Mon, Aug 4, 2008

Recruiting software provider Kenexa announced total revenues for Q2 were $56.4 million dollars, a 25 percent increase over last year’s $45.2 million.

The company posted earnings of $6.0 million, or 26 cents a share, compared with $5.8 million, or 23 cents a share, a year earlier.

Rudy Karsan, Chief Executive Officer of Kenexa, stated, “We were pleased with the company’s financial performance in light of the current macro-economic environment. The combination of solid sequential growth and integration of Quorum International enabled Kenexa to become the first independent talent management vendor to pass the $200 million in annualized revenue level during the second quarter. We continue to focus on innovation, adding new preferred partner customers and growing our relationships, expanding our global footprint and, ultimately, gaining market share.”

For the full year, Kenexa forecasts total revenues of $225 million to $230 million.

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This post was written by:

Vanessa Dennis - who has written 202 posts on Cheezhead.

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.

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