SuccessFactors, Inc. expected to report Q3 2010 results on October 27, 2010. This event was calculated by Capital IQ (Created on July 28, 2010).

SuccessFactors, Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2010. For the quarter, revenue was $46.8 million, compared to $36.9 million in the quarter ended June 30 2009, an increase of approximately 27% year-over-year. Non-GAAP operating profit was $381,000. Non-GAAP operating profit excludes the effect of approximately $4.5 million in stock-based compensation expense for the quarter ended June 30, 2010. For the quarter ended June 30, 2010, cash flow generated from operating activities was $6.8 million, up approximately 625% from $939,000 for the quarter ended June 30, 2009. On a GAAP basis, for the quarter ended June 30, 2010, net loss was $4.475 million or $0.06 per basic and diluted share against net loss of $2.32 million or $0.04 per basic and diluted share for the same quarter last year. Loss from operations was $4.14 million against $2.358 million for the same quarter last year. Loss before provision for income taxes was $4.408 million against $1.877 million for the same quarter last year. Capital expenditures were $1.15 million against $0.275 million for the same quarter last year. Non-GAAP net income was $0.46 million compared to the same a year ago. For the six months, revenue was $90.619 million, compared to $72.16 million in the same period ended June 30 2009. For the six months ended June 30, 2010, cash flow generated from operating activities was $19.936 million, down from $3.626 for the period ended June 30, 2009. On a GAAP basis, for the six months ended June 30, 2010, net loss was $9.128 million or $0.13 per basic and diluted share against net loss of $8.003 million or $0.14 per basic and diluted share for the same perido last year. Loss from operations was $8.398 million against $8 million for the same period last year. Loss before provision for income taxes was $8.934 million against $8 million for the same period last year. Capital expenditures were $1.782 million against $0.348 million for the same period last year. Non-GAAP net income was $0.419 million or $0.01 per basic and diluted share compared to net loss of $3.222 million or $0.06 per basic and diluted share for the same period a year ago. The company is raising guidance for full fiscal year 2010 and initiating guidance for its third quarter fiscal 2010. For the third quarter of 2010, the company's non-GAAP revenue is projected to be in the range of approximately $52.5 million to $53.5 million. Non-GAAP net income per common share, basic and diluted, is expected to be breakeven, excluding the impact of acquisition accounting and related costs. Non-GAAP net income per common share estimates exclude the effects of estimated stock-based compensation expense, the amortization of intangible assets and any write-downs for fair value accounting related to the acquisitions and assume an average weighted share count of approximately 74.3 million shares. For the year 2010, the company's non-GAAP revenue is now expected to be in the approximate range of $198 million to $200 million, raised from the GAAP revenues range of approximately $180 million to $182 million given going into in the second quarter 2010 which was raised from the approximate range of $178 million to $180 million going into first quarter of 2010. The company continues to expect the non-GAAP net income per common share for fiscal 2010 to be around breakeven, excluding the impact of acquisition accounting and related costs. Non-GAAP net loss per common share estimates exclude the effects of estimated stock-based compensation expense, the amortization of intangible assets and any write-downs for fair value accounting related to the acquisitions and assume an average weighted share count of approximately 73.5 million shares. This guidance also includes the revenue impact of the adoption of EITF 08-01 effective July 1, 2010, and revenue and expense from both the Inform and CubeTree -- acquisitions that closed in July 2010.

SuccessFactors, Inc. announced that FrontPoint Security has leveraged SuccessFactors' Business Execution (BizX) Suite to align company goals and drive business results. FrontPoint Security needed a solution to ensure alignment of goals and strategy across his rapidly growing company. Just five days after purchase, FrontPoint deployed and launched SuccessFactors Professional Edition of Performance Management and Goal Management. Within a few short weeks, SuccessFactors became a cornerstone behind a series of initiatives to build a high-performance team focused on delivering exceptional products and customer service to continue FrontPoint's growth and success.