Kenexa Posts Slight Revenue Increase

May 12, 2010 – Kenexa Corporation/(NASDAQ:KNXA), a global provider of business solutions for human resources, has posted revenues of $39.7 million for the first quarter ended March 31, 2010, a slight increase from revenues of $38.8 million a year ago. Kenexa's income from operations, determined in accordance with GAAP, was $62,000, compared with loss from operations of $33.6 million for the same period of 2009. GAAP net loss allocable to common shareholders was $18,000, or $0.00 per diluted share, compared to a net loss of $34.3 million and a loss of $1.52 per diluted share a year ago. “While we remain somewhat cautious from a near-term perspective, our longer-term optimism continues to grow,” said Rudy Karsan, CEO. “We expect recent sales activity and improved renewal rates to drive sequential revenue growth in the second quarter, and we will continue to execute against our sales and marketing investment strategy to position Kenexa for market share gains as the economic environment and jobs market eventually improve.”