Taleo Records Q3 Revenue Gain of 41 Percent

November 6, 2011 – Taleo/(NASDAQ:TLEO), a provider of on demand talent management solutions, has posted third quarter 2011 revenues of $83 million, a 41 percent increase from $58.7 million during the same period a year ago. The company recorded a net loss per share of $(0.08), compared to net income per fully diluted share of $0.04 a year ago. “Taleo continued to drive change and build business momentum in Q3 with global expansion and solid execution against our growth initiatives resulting in strong top-line metrics,” said Michael Gregoire, Taleo's chairman and CEO. “Our customers tell us they view the talent intelligence they gain from Taleo as a competitive differentiator and are making it a part of their corporate strategy to recruit, grow and retain the talent they need to drive long-term growth.”