Hudson Global (NASDAQ:HSON) Releases Earnings Results, Beats Expectations By $0.01 EPS

Hudson Global (NASDAQ:HSON) announced its quarterly earnings data on Friday. The business services provider reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $33.60 million for the quarter, compared to analyst estimates of $37.17 million. During the same period last year, the business earned $0.04 EPS.

Hudson Global Price Performance

NASDAQ HSON opened at $10.50 on Friday. The firm’s fifty day moving average price is $12.00 and its 200 day moving average price is $14.05. The company has a market capitalization of $28.68 million, a price-to-earnings ratio of -9.13, a price-to-earnings-growth ratio of 0.37 and a beta of 0.54. Hudson Global has a 12 month low of $10.10 and a 12 month high of $19.70.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Hudson Global in a research 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.