Halogen Software, a provider of cloud-based talent management solutions announced its third quarter financial results for fiscal year 2013. The results included a record quarter for Halogen with total revenue increased 27% from Q3 2012 to $12.3 million. Revenue generated internationally (excluding Canada) also increase by 66% over Q3 2012.
Halogen notes that much of the new growth comes from strong customer acquisition across a range of markets and locations including banking, health, technology and the non-profit industries. Customer retention stayed above 90% and cash flow stayed positive at $2.2 million.
Halogen CEO, Paul Loucks says growth was driven by [...]