Hudson Global (NASDAQ:HSON) Announces Quarterly Earnings Results

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

Hudson Global Stock Up 2.6 %

Shares of NASDAQ:HSON opened at $10.50 on Friday. The company has a market cap of $28.68 million, a price-to-earnings ratio of -9.13, a PEG ratio of 0.37 and a beta of 0.54. The firm’s 50-day simple moving average is $12.00 and its 200-day simple moving average is $14.05. Hudson Global has a fifty-two week low of $10.10 and a fifty-two week high of $19.70.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of 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.