Kenexa Shares Popped: What You Need to Know

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What: Shares of Kenexa (NAS: KNXA) have popped by 15% earlier today after the company reported quarterly earnings last night.

So what: The provider of human resources business solutions showed third-quarter revenue of $75.7 million, while earnings per share came in at $0.23. Both revenue and profit topped the consensus estimates of $73.7 million in sales and $0.20 earnings per share.

Now what: Kenexa CEO Rudy Karsan said the results were better than the company's internal expectations and reflect the "building momentum of Kenexa's unique value proposition in the market place." The company expects fourth-quarter revenue to be between $74.7 million and $76.7 million, and full-year revenue to be in the range of $279.4 million to $281.4 million. The company also added more than 60 "preferred partner" customers during the quarter, who spend more than $50,000 annually.

Interested in more info on Kenexa? Add it to your watchlist byclicking here.

At the time this article was published Fool contributorEvan Niuholds no position in any company mentioned.Click hereto see his holdings and a short bio. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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