Saba, a global leader in cloud-based intelligent Talent Management solutions, has announced record Q2 new customer cloud bookings for the second quarter of fiscal 2016 (November 30, 2015). During the second quarter, Saba also unveiled new product innovations in talent management and saw continued growth of its prominent portfolio of global customers.
Saba reports that it is moving forward to complete its announced merger with a group of investors led by Vector Capital.
Strong Partner to Support Saba’s Expansion of Intelligent Talent Management Platform
Bracknell, UK, December 15, 2014 – Saba (OTC Pink: SABA), a global leader in cloud-based intelligent talent management solutions, today provided an update on the Company and its progress on the restatement.
Record New Cloud Bookings Drive Over 100% Year-Over-Year Growth in the Fourth Quarter.
New SaaS Bookings Grew 24% Year-Over-Year -- Company Anticipates Regaining SEC Compliance During Fourth Calendar Quarter of 2014.
Achieves Record First Half Cloud Bookings (Annual Contract Value) in Fiscal Year 2014 Appoints KPMG LLP as its Sole Independent Registered Public Accounting Firm To Hold Conference Call Today at 5:00 p.m. E.T.
Fiscal Year 2013 Cloud Bookings Grew 25% Year-Over-Year; Renewal Rates Remained Above 90%; Cash Flow Positive (Excluding Non-Recurring and Specified Items)
New Five-Year $25 Million Facility Will Support Working Capital and Growth.
Saba delivers a cloud-based intelligent talent management solution used by leading organisations worldwide to hire, develop, engage and inspire their people.