Kenexa Posts 38 Percent Revenue Gain

November 4, 2011 – Kenexa Corporation/(NASDAQ:KNXA), a global provider of business solutions for human resources, has posted revenues of $55 million for the third quarter ended September 31, 2011, a 38 percent increase from revenues of $39.8 million a year ago. The revenue gain was largely due to the acquisition of Salary.com. Non-GAAP net income available to common shareholders, was $6.3 million, compared to $3.7 million last year. “The combination of our software and content continue to drive the majority of our revenue, while our RPO business experienced a record quarterly performance and included the two largest customer wins in the history of our company,” said Rudy Karsan, CEO of Kenexa. “While we continue to watch the global economy carefully, our confidence regarding Kenexa's long-term market position has never been greater and we are increasing our 2011 outlook based on our strong third quarter performance and continued market share gains.”