SucessFactors Records 27 Percent Revenue Jump

July 29, 2010 – SuccessFactors, Inc./(NASDAQ:SFSF) has posted second quarter revenues of $46.8 million, an increase of 27 percent, compared to $36.9 million in the second quarter of last year. The company recorded a net loss was $4.5 million, or six cents per share, compared to a net loss was $2.3 million, or four cents per share, a year ago. “Over, the last five quarters, SuccessFactors grew revenue organically 31 percent year-over-year on average. Billings grew 35 percent for the best second quarter ever of $52.7 million,” said Lars Dalgaard, founder and CEO. “The growth is fuelled by bigger purchases, and more users from both new and existing customers, in all of the market segments; enterprise, medium, small, and all geographies.” SuccessFactors is a global provider of on-demand performance and talent management solutions.