Kenexa (KNXA) Thursday reported a wider loss for the third quarter, hurt mainly by higher expenses.
Net loss for the quarter widened to $4.2 million from $320 thousand last year. Net loss allocable to common shareholders totaled $4.2 million or $0.15 per share, compared to $3.1 million or $0.12 per share in the same period last year.
Adjusted earnings allocated to common shareholders were $10 million or $0.33 per share, compared to $6.3 million or $0.23 per share last year.
On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.31 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $90.7 million, up from $75.7 million last year. Analysts expected revenues of $94.27 million.
Operating expenses increased to $60.2 million from $44.7 million last year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.