Hoofdpagina nieuwsdesk

SuccessFactors rapporteert succesvol derde kwartaal

Amsterdam - 19. October 2011

SuccessFactors, Inc. (NYSE:SFSF) today announced that based on currently available information, the Company expects to report third quarter non-GAAP revenue in the range of $93 million to $95 million which is above its previously issued guidance of $83 million to $84 million and an increase of 74 to 78 percent on a year-over-year basis. Billings, defined as GAAP revenue plus change in deferred revenue, are expected to increase in the range of 40 to 42 percent on a year-over-year basis.

Non- GAAP net income per share is expected to be above break-even, ahead of the Company’s previously issued guidance of breakeven. Cash flow from operations is expected to be in the range of $7 million to $8 million, excluding approximately $3 million of acquisition related costs paid in the quarter. The non-GAAP measures used by SuccessFactors in this press release exclude the impact of stock-based compensation expense, the amortization of intangible assets, integration costs, future cash consideration of acquisitions and deal related costs, revaluation of contingent consideration or write-downs for fair value accounting related to business combination, any unrealized foreign exchange gain/loss on an intercompany loan related to the acquisition of Inform, and a tax benefit related to the acquisitions of Jambok and Plateau Systems.

“In an uncertain economic climate, the SuccessFactors team executed across the world and we accelerated non- GAAP revenue and billings,” said Lars Dalgaard, founder and CEO of SuccessFactors. “We believe that the market we created has reached a tipping point and SuccessFactors is leading it. We believe we have the broadest suite of products and the most experienced and largest team delivering Business Execution (BizX) in the cloud. Our team is passionately committed to our customers' transformational success and both our organically grown and acquired products are making the mark. By combing forces with Plateau Systems we have created a truly outstanding company.”

Q3 2011 Financial Results Conference Call Information
The anticipated results in this press release are based on management’s preliminary analysis of operations for the quarter ended Sept. 30, 2011. The Company will release and discuss its final third quarter results on Wednesday, Oct. 26 at 2p.m. PT, including a live webcast, which can be accessed throughSuccessFactors’ Investor Relations website at http://www.successfactors.com/investor.

Over het bedrijf

Over SuccessFactors
SuccessFactors is een wereldwijde aanbieder van Business Execution Software, dat organisaties oplossingen biedt op het gebied van business alignment, people performance en learning management in meer dan 60 industrieën. De SuccessFactors Business Execution (BizX) Suite, die wordt geleverd als SaaS via de cloud, verbetert de afstemming van processen binnen het bedrijf en de prestaties van medewerkers, waardoor bedrijven sneller en inzichtelijk meer succes boeken. SuccessFactors wordt dagelijks gebruikt in 168 landen en 34 talen, door ruim 15 miljoen gebruikers in 3500 bedrijven. Twee datacenters voor de Europese klanten van SuccessFactors staan in Amsterdam.

http://www.successfactors.nl

Volg SuccessFactors op Twitter:

http://twitter.com/SFSF_NL

"Safe harbor" statement under the Private Securities Litigation Reform Act of 1995:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are SuccessFactors' current expectations and beliefs.

These forward-looking statements include statements about future growth prospects, financial results and benefits of acquisitions. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: our ability to retain customers and to experience high customer renewal rates; whether customers renew their agreements for additional modules or users; pricing pressures; the uncertain impact of the overall global economic conditions, including on customers, prospective customers and partners, renewal rates and length of sales cycles; the fact that the business execution market is at an early stage of development, and may not develop as rapidly as we anticipate; risks related to the integration of the acquisitions, including retaining customers and employees, unforeseen liabilities and managing geographically-dispersed operations; competitive factors; outages or security breaches; our ability to develop, and market acceptance of, new services; the impact of any discovered product defects or outages; our ability to continue to sell our services outside the HR area; our ability to manage our growth; our ability to successfully expand our sales force and its effectiveness; whether our resellers and other partners will be successful in marketing our products; our ability to continue to manage expenses; and the impact of unforeseen expenses, including as a result of integrating acquisitions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.

Further information on these and other factors that could affect these forward-looking statements is included in the section entitled "Risk Factors" in our Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission from time to time.

Contactgegevens

Voor meer informatie kunt u contact opnemen met:

SuccessFactors
Monique Engelaar
E-mail: mengelaar@successfactors.com

LEWIS PR
T. 040 - 235 4600
E.mail: successfactorsNL@lewispr.com
www.lewispr.nl

Technorati tags: SuccessFactors | earnings | Q3 | bedrijfsvoeringssoftware |

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SuccessFactors rapporteert succesvol derde kwartaal

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