Kronos Incorporated has released the financial results for its first quarter of fiscal 2010. The company reported revenues of $172.3 million. Earnings prior to interest, tax, and amortization were $36 million.
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Kronos reported the acquisition of Stromberg during the first quarter of fiscal 2010. The acquisition brought the company an additional 1,400 organizations into its customer community. It has also strengthened the company’s mid market position while complemented its strengths in a broad range of vertical markets.
Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries — including more than half of the Fortune 1000® — use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.kronos.com&esheet=6173765&lan=en_US&anchor=www.kronos.com&index=6&md5=ceee43f803d7a71a19c933f6a9e7ad77.
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