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Kenexa Revenue Rises 25%

August 08 2012

Kenexa (NYSE: KNXA), a Wayne, Penn.-based provider of software and recruitment process outsourcing (RPO), reported second-quarter revenue rose 25.0 percent to $86.3 million from $69.0 million in the year-ago period.

Gross margin for the second quarter edged up to 61.6 percent from 61.1 percent in the year-ago period.

Kenexa posted a second-quarter net loss of $1.7 million, compared to a net loss of $1.6 million in the year-ago period.

For the third quarter, Kenexa forecast revenue of $90.7 million to $93.7 million, a year-over-year increase of between 19.8 percent and 23.8 percent.


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