Taleo Posts Nine Percent Revenue Gain

February 11, 2010 – Taleo/(NASDAQ:TLEO), a provider of on demand talent management solutions, has posted fourth quarter 2009 revenues of $50.5 million, a five percent increase from $46.6 million during the same period a year ago. During the quarter, the company earned $4.6 million, or 13 cents per share, compared with a loss of $2.5 million, or 8 cents per share, in the same period the prior year. Analysts polled by Thomson Reuters expected earnings of 17 cents per share. Full-year 2009 revenue was up 18 percent to $198.4 million with Taleo earning $1.3 million, or 4 cents per share, compared with a loss of $8.1 million, or 29 cents per share, in 2008. “Like many of our world-class customers, Taleo invested through the recession in our people and in product innovation, and we are now stronger competitively and financially,” said Michael Gregoire, Taleo chairman and CEO. “We are in a tremendous position to take full advantage of the recovery, and we plan to keep up our blistering pace of innovation to help our customers drive their own re-invention and growth.”

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