Kenaxa (KNXA) Down 34% On Weak Earnings

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It’s a bad week to miss numbers, even by a little.

According to The Associated Press,  Kenexa (KNXA) a human resources operation,.said Wednesday its third-quarter profit and revenue rose by about two-thirds, but sales fell short of Wall Street’s expectations.

Net income for the three months ended Sept. 30 rose to $7.1 million, or 27 cents per share, compared with $4.2 million, or 20 cents per share, during the same period a year earlier.

Revenue rose to $46.8 million, from $28 million a year ago. That was short of analysts’ projection of $49 million.

On a good day, not much of a miss, but this isn’t a good day.

Douglas A. McIntyre

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