Taleo 3Q adjusted earnings, revenue top analyst estimates

Date : 11/01/2007 @ 6:46PM
Source : TFN
Stock : Taleo Corporation (TLEO)
Quote : 7.88  -0.48 (-5.74%) @ 5:00PM
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Taleo 3Q adjusted earnings, revenue top analyst estimates

        SAN FRANCISCO (Thomson Financial) - Taleo Corp. late Thursday reported
third-quarter adjusted earnings of $4.17 million, or 15 cents a share, topping
the mean estimate of analysts polled by Thomson Financial of 11 cents.
    During the year earlier, adjusted earnings were $918,000, or 4 cents a
share. 
    The Dublin, Ireland-based provider of Web-based talent management solutions
posted a net profit of $2.23 million, or 8 cents a share, compared with a net
loss of $757,000, or 4 cents a share, last year.
    Revenue came in at $33.7 million, ahead of the consensus estimate of $32.1
million. Last year, revenue was $24.9 million.
    Shares of Taleo closed out the regular session down 67 cents, or more 2%, at
$27.28.
Katherine Hunt
kh/gm

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