iCIMS Highlights Consistently Strong Financial Performance and Industry Accolades for Q3 2014

- Leading cloud-based talent acquisition software provider closes Q3 positively with notable growth in sales across new and existing customers coupled with strong profitability -

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iCIMS, Inc.

Nov 04, 2014, 06:35 ET

MATAWAN, N.J., Nov. 4, 2014 /PRNewswire/ -- iCIMS, Inc., a leading provider of Software-as-a-Service (SaaS) talent acquisition software solutions for growing businesses, marches toward the end of 2014 with momentum garnered from the third quarter's increases in product adoption, client count, revenue, and employee headcount. iCIMS' Pure SaaS delivery model enabled the company to capitalize on the newest recruiting trends, such as the widespread adoption of video screening, social, and mobile technologies, which iCIMS' customers have embraced with noted success.

For the third quarter ending on September 30, 2014, the organization saw a 35% increase in revenue and a 31% increase in new customer growth compared with the third quarter of 2013. The third quarter also marked iCIMS' ninth consecutive ranking on the Inc. 500|5000 list of America's Fastest Growing Companies, demonstrating the company's consistent profitability since January 2003 and solidifying its position of high-growth and stability in the market.

"Another successful quarter exemplifies iCIMS' continued ability to steadily grow the business while remaining profitable. We've stayed true to what we do best, which is delivering an easy-to-use, scalable suite of solutions dedicated to talent acquisition -- and this is clearly resonating in the market," said iCIMS Chief Executive Officer, Colin Day. "As the recruiting industry rapidly evolves and becomes more complex, recruiters need technology that addresses this vital piece of Human Capital Management. Recruiters are demanding better tools that are tightly integrated to accomplish their goals and iCIMS is rising up to address this market need."

Q3 2014 Business Highlights Include:

Vertical Growth: iCIMS saw sharp increases in new customers within the Healthcare, Technology, and Retail industries from quarter three 2013. Included on the list of new iCIMS customers are Comcast, Von Maur, and CryoLife.
Employee Growth: iCIMS' total headcount increased 32% in the third quarter, compared with the third quarter of 2013, and the company now has nearly 400 employees around the globe.
Awards: iCIMS garnered accolades from the Interactive Media Awards, Network Products Guide, The American Business Awards, and Inc. Magazine for efforts surrounding outstanding corporate website design and content, fiscal and corporate performance, and customer service. Additionally, iCIMS' Chief Executive Officer, Colin Day, was ranked number seven on GrowthCap's list of the Top 25 CEOs in B2B Software.
Key Leadership Appointments: Russell Mikowski was appointed Vice President of Sales, bringing sales leadership experience from a variety of high-growth, consumer-facing internet and SaaS companies, including LivingSocial and TheLadders, to the organization.
Thought Leadership Series: In this quarter, iCIMS' Hire Expectations Institute released three new research eBooks, two for employers and one for job seekers. Recently released eBooks include, "Increase Employee Engagement & Retention," "Why Would I Want to Work for You?" and "Searching for the Perfect Job: The Resume, Interview, and More." The research was featured in FastCompany, Fox Business, and TMCnet.

"Delivering on a Pure SaaS software model has proven to be effective for not only our customers, but for the health of the business. Without the effort and expense of maintaining costly customized code, iCIMS can focus on innovation, delivering valuable new features and products to our customers to help them win the war for talent. This has paved the way for continued strong performance and profitability," concluded Day.

For more information about iCIMS' business profile by comparison to the SaaS industry at large, please visit: www.icims.com/investor-profile

For information about careers at iCIMS, visit: http://www.careers.icims.com/

About iCIMS, Inc.:

iCIMS, a leading provider of innovative Software-as-a-Service (SaaS) talent acquisition solutions, is an Inc. 500 and Software Satisfaction honoree focused on helping businesses win the war for top talent through the implementation of easy-to-use, scalable solutions that are backed by award-winning customer service. iCIMS' Talent Platform, the industry's premier candidate management solution, enables organizations to leverage mobile, social, and video technologies to manage their entire talent acquisition lifecycle from building talent pools, to recruiting, to onboarding all within a single web-based application. With more than 2,300 clients worldwide, iCIMS is one of the largest and fastest-growing talent acquisition system providers with offices in North America, UK, and China. To learn more about how iCIMS can help your organization, visit http://www.icims.com or view a free online demo of the iCIMS Talent Platform.

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Media Contact:
Raquel Fleig
iCIMS, Inc.
732-520-7082
[email protected]

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SOURCE iCIMS, Inc.