Hudson Global (NASDAQ:HSON) Posts Earnings Results

Hudson Global (NASDAQ:HSON) issued its quarterly earnings results on Friday. The business services provider reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.01, Zacks reports. The company had revenue of $33.60 million during the quarter, compared to analysts’ expectations of $37.17 million. Hudson Global had a negative return on equity of 5.22% and a negative net margin of 2.46%. During the same quarter in the prior year, the firm posted $0.04 earnings per share.

Hudson Global Stock Up 2.6 %

Shares of NASDAQ HSON opened at $10.50 on Friday. The company has a market capitalization of $28.68 million, a PE ratio of -9.13, a P/E/G ratio of 0.37 and a beta of 0.54. Hudson Global has a twelve month low of $10.10 and a twelve month high of $19.70. The firm has a fifty day simple moving average of $12.00 and a 200 day simple moving average of $14.07.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Hudson Global in a report on Monday, March 10th. They issued a “hold” rating on the stock.

About Hudson Global

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.