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.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.