Taleo Corp. (TLEO) reported that its fourth-quarter net loss attributable to Class A common stockholders widened to $911 thousand, from $620 thousand in the same quarter last year. Loss for the quarter unchanged at $0.02 per share.
Non-GAAP net income was $11.61 million or $0.26 per share, up from $9.76 million or $0.23 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.23 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues for the quarter rose to $84.77 million from $67.22 million in the prior year quarter. Non-GAAP net revenues for the quarter rose to $86.34 million from $71.15 million in the prior year quarter. Eighteen analysts had consensus revenue estimate of $86.77 million for the quarter.
Earlier today, Oracle Corp. (ORCL) announced that it has entered into an agreement to acquire Taleo for $46.00 per share or about $1.9 billion, net of Taleo's cash and debt. The transaction is expected to close mid-year 2012.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.