Kenexa Posts 24 Percent Revenue Gain: Acquires Outstart

February 7, 2012 – Kenexa Corporation/(NASDAQ:KNXA), a global provider of business solutions for human resources, has posted revenues of $79.6 million for the fourth quarter ended December 31, 2011, a 24 percent increase from revenues of $64.1 million a year ago. Non-GAAP net income available to common shareholders was $7.5 million, or $0.23 per diluted share, compared to $5.4 million, or $0.23 per diluted share the same period last year. Non-GAAP net income available to common shareholders was $0.23 per diluted share, up 77 percent compared to $0.13 per diluted share in the fourth quarter of 2009. For the full year 2011, Kenexa reported total GAAP revenue of $282.9 million, with non-GAAP revenue of $291.1 million, an increase of 46 percent compared to non-GAAP revenue of $199.4 million for the full year 2010. Kenexa also completed its acquisition of OutStart, a company in the learning management segment, for $38.9 million in cash.“Uncertainty regarding the global economy remains at a very high level, however, we have continued to experience solid global demand for our solutions,” said Rudy Karsan, CEO.