Taleo’s loss widens; results top expectations as revenue climbs 15 percent

Taleo’s loss widens; results top expectations

DUBLIN, Calif. — Taleo Corp. reported a wider second-quarter loss than a year ago on Wednesday, hurt by one-time expenses.

Stripping out special items, Taleo’s results topped Wall Street estimates as revenue picked up.

The company, which provides human resources software, posted a loss of $1.4 million, or 4 cents per share, compared with a loss of $113,000, or break-even on a per-share basis, a year ago.

Excluding accounting charges related to acquisitions and stock-based compensation, the company said it would have earned 14 cents per share.

Analysts, who typically exclude charges, expected 12 cents, according to Thomson Reuters.

Revenue climbed 15 percent to $56.3 million. Analysts expected $55.7 million.