July 30, 2009 – SuccessFactors, Inc./(NASDAQ:SFSF) has posted second quarter revenues of $36.9 million, an increase of 44 percent, compared to $25.7 million in the second quarter of last year. On a GAAP basis, for the quarter ended June 30, 2009, the net loss per common share, basic and diluted, was $0.04. “In a terrible environment, the quarter wasn't,” said Lars Dalgaard, CEO. “We saw some small indicators of a recovery, but most importantly in this quarter the team in most segments and geographies has found a way to systematically get deals done in this market. Most organizations are being very conservative about technology spending. And we don't see that changing. With that said, we feel we proved we are the best positioned company in the industry to exploit our $16 billion market opportunity.” SuccessFactors is a global provider of on-demand performance and talent management solutions.
Share This Article