Taleo (profile; site) reported its second quarter results today, saying revenues climbed to almost $39 million, a 25 percent year-over-year increase. It also picked up 225 new customers and bought Vurv (profile; site).
The big news in its financial report is that the company turned a profit and beat analysts’ estimates. The company earned and adjusted 15 cents a share, which is 2 cents more than the consensus estimate. In terms of dollars, the company reported earning $1.1 million for the quarter vs. losing $1.8 million for the same quarter in 2007. (Numbers here include both GAAP and non-GAAP reports. See here for an explanation of what these mean.)
It got a boost from an 83 percent growth in international sales, which now represent 13 percent of company revenue. New customers from outside North America include Cargotec, Veolia, AirFrance, Baloise, Eiffage, Manpower, and Vic Roads.
“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,” said Michael Gregoire, Chairman and CEO of Taleo.
