SuccessFactors projects loss instead of profit

SuccessFactors Inc. SuccessFactors Inc. Latest from The Business Journals SAP extends tender offer for SuccessFactors over regulatory snagCanaan raises 0M fundSAP offer for cloud computing firm SuccessFactors in accordance with way Follow this company on Thursday switched its fourth quarter projection to a loss from a profit in spite of saying its revenue will be better than expected.

It said it all in all expects adjusted operating income would be about $127,000 on adjusted revenue of $100 million. It had earlier projected adjusted revenue of between $95 million and $97 million.

German software giant SAP AG SAP AG Latest from The Business Journals HP wins dismissal of Oracle suit on Hurd settlementHP gets dismissal of Oracle suit on Mark Hurd settlementHP wins dismissal of Oracle suit on Hurd settlement Follow this company has agreed to buy SuccessFactors for $3.4 billion however the deal has been held up awaiting approval of the U.S. Committee on Foreign Investment.

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