This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Taleo Delivers Strong Third Quarter Results 2009-10-28 16:10 ET - News Release DUBLIN, CA
-- (MARKET WIRE)
-- 10/28/09 
Taleo Corporation (NASDAQ: TLEO), the leading
provider of on demand talent management solutions, today announced its
financial results for the quarter ended September 30, 2009.
Summary quarterly highlights:
-- GAAP revenues of $50.7 million for the third quarter of 2009, an
increase of 9% year-over-year.
-- GAAP application revenue increased to $44.9 million, growth of 20%
year-over-year and 5% quarter-over-quarter.
-- GAAP net loss of $(1.1) million or $(0.04) per share.
-- Non-GAAP net income of $6.7 million, or $0.20 per fully diluted share.
-- Cash flow from operations of $13.6 million; total year-to-date cash
flow from operations increases to $30.1 million.
-- Signed 167 new customers, including 17 new Taleo Enterprise customers
and 150 new Taleo Business Edition customers.
-- Closed 7 large enterprise deals with annual contract values in excess
of $250,000.
-- Signed more than 40 new performance management customers across both
enterprise and SMB segments, increasing the company's total performance
management customer base to more than 160.
-- Announced an agreement to acquire the remaining shares of strategic
partner Worldwide Compensation, Inc.
-- Launched the Talent Grid 'cloud community' set of online exchanges to
the market, and announced plans to deliver Taleo 10 in the fourth quarter
of 2009.
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