Key Developments For Salary.com, Inc.
Salary.com, Inc. (SLRY.W) (NASD ADF)
Salary.com, Inc. Issues Q3 2010 Guidance Below Analysts' Estimates; Reaffirms FY 2010 Guidance
Salary.com, Inc. announced that for third quarter 2010 it expects total revenue in the range of $11.4 million to $11.9 million, non-GAAP net loss to be in the range of $1.7 million to $2.2 million. Non-GAAP net loss excludes non-cash stock-based compensation expenses in the range of $1.7 million to $2.0 million. GAAP net loss for the third quarter of fiscal 2010 is expected to be in the range of $4.7 million to $5.8 million. For fiscal 2010, it expects revenue to be in the range of $46.5 million to $50.5 million. Non-GAAP net loss is expected to be in the range of $4.8 million to $8.8 million. Non-GAAP net loss excludes non-cash impact of stock-based compensation in the range of $8.0million to $10.0 million. On a GAAP basis, net loss for fiscal 2010 is expected to be in the range of $19.3 million to $23.3 million. According to Reuters Estimates, analysts are expecting the Company to report revenue of $12.2 million and net loss of $1.4 million for third quarter 2009; revenue of $48.2 million for fiscal 2010.
Salary.com, Inc. Announces New Healthcare Enterprise Framework
Salary.com, Inc. announced that it has added the Clinical Healthcare Enterprise Framework to its Job Model and Competency Library of more than 1,200 job models and 1,300 functional competencies, which provide data and structure for typical jobs at all levels of an organization. The framework will enable healthcare HR professionals to create job roles easily, deliver job models quickly, and power their talent management systems.
Salary.com, Inc. Issues Q2 2010 Guidance In Line With Analysts' Estimates; Raises FY 2010 Guidance
Salary.com, Inc. announced that for second quarter of 2010, it expects total revenue in the range of $11.4-$11.9 million, non-GAAP net loss, which excludes non-cash stock-based compensation expenses of approximately $1.7 million, and amortization of intangibles of approximately $1.2 million, is expected to be in the range of $1.9-$2.4 million. GAAP net loss for the second quarter of 2010 is expected to be in the range of $4.8-$5.3 million. Salary.com is raising its prior guidance for fiscal 2010. It expect revenue to be in the range of $46.5-$50.5 million, non-GAAP net loss, which excludes non-cash impact of stock-based compensation expense of approximately $10.0 million, and amortization of intangibles of approximately $4.5 million, to be in the range of $4.8-$8.8 million. On a GAAP basis, net loss for fiscal 2010 is expected to be in the range of $19.3-$23.3 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $11.8 million and net income of $(2.00) million for second quarter of 2010; revenues of $48.0 million and net income of $(7.5) million for fiscal 2010.
Salary.com, Inc. Announces Launch of CompetencyManager
Salary.com, Inc. announced the launch of CompetencyManager, an industry first, patent-pending, SaaS competency management and development software solution. CompetencyManager provides the data and tools any company could utilize to easily design, create, validate, implement, export and maintain competencies and job models within its competency-based HR applications.
Salary.com, Inc. Issues Q1, FY 2010 Guidance Below Analysts' Estimates
Salary.com, Inc. announced that for the first quarter of 2010, it expects total revenue in the range of $11.0 million to $11.5 million. Non-GAAP net loss, which excludes non-cash stock-based compensation expenses of approximately $1.7 million, and amortization of intangibles of approximately $1.1 million, is expected to be in the range of $2.5 million to $3.0 million. GAAP net loss is expected to be in the range of $5.4 million to $5.9 million. For fiscal 2010, the Company expects revenue to be in the range of $46.0 million to $50.0 million and cash flow from operations is expected to be a positive $1.0 million to $2.0 million. Non-GAAP net loss, which excludes non-cash impact of stock-based compensation expense of approximately $10.0 million, and amortization of intangibles of approximately $4.5 million, is expected to be in the range of $5.0 million to $9.0 million. On a GAAP basis, net loss is expected to be in the range of $19.5 million to $23.5 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $11.6 million, GAAP net profit of $(5.20) million, non-GAAP net profit of $(0.17) million for the first quarter of 2009; revenue of $51.5 million, GAAP net profit of $(16.98) million, non-GAAP net profit of $(5.92) million for fiscal 2009.
