Kronos Posts Eight Percent Revenue Gain; Adds New SVP
February 14, 2012 – Kronos Incorporated has posted first quarter revenues of $197.9 million, an increase eight percent year over year. Earnings before interest, tax, and amortization (EBITA) increased 21 percent to $49.2 million. Kronos has also announced the appointment of Lenley Hensarling to senior vice president of products and technology. Mr. Hensarling will play a critical role in continuing Kronos' path of innovation and commitment to revolutionize the way organizations manage their workforce. Prior to joining Kronos, he served as vice president of business development at C3, a provider of energy and emissions management solutions. Kronos is a global provider of workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity.