Talent management solutions provider SuccessFactors has announced positive results in a ‘terrible’ trading environment, for the quarter ending 30 June 2009.

Revenue in the second quarter was $36.9m (£22.4m) compared to $25.7m in the quarter ended 30 June 2008, an increase of 44% year-on-year, and up 5% on the first quarter of 2009.

Lars Dalgaard, chief executive for SuccessFactors, says: “We saw some small indicators of a recovery, but most importantly in this quarter the team in most segments and geographies has found a way to systematically get deals done in this market.

“Most organisations are being very conservative about technology spending. And we don’t see that changing.”