Hudson Global (NASDAQ: HSON) reported Q4 EPS of ($0.01), versus ($0.03) reported last year. Revenue for the quarter came in at $16.58 million, versus $15.22 million reported last year.

• Revenue of $16.6 million increased 8.7 percent from the fourth quarter of 2017, or 13.3 percent in constant currency.
• Gross profit of $10.3 million increased 0.8 percent from the fourth quarter of 2017, or 4.6 percent in constant currency.
• Net loss of $0.6 million, or $0.02 per basic and diluted share, compared to net loss of $2.0 million, or $0.06 per basic and diluted share, for the fourth quarter of 2017.
• Adjusted EBITDA* loss of $0.3 million, compared to an adjusted EBITDA loss of $0.6 million in the fourth quarter of 2017.
• "We delivered solid revenue and gross profit growth in the fourth quarter in constant currency, particularly so in the Asia Pacific region," said Jeff Eberwein, chief executive officer at Hudson Global. "In addition, we are pleased to report positive cash flow from operations in the fourth quarter. For 2018, we delivered revenue and gross profit growth while also focusing on carving out the RPO business from legacy entities and right-sizing the new company by reducing corporate costs. I am proud of how hard the team has worked over the past year to build the systems and infrastructure necessary for a successful separation from the legacy businesses."

Outlook

For 2019, the company expects to grow revenue and gross profit more than 10 percent versus 2018, and adjusted EBITDA before corporate costs should grow faster than this rate. This combination of growth in its RPO business and reduction in corporate costs should enable the company to generate positive adjusted EBITDA in 2019.

For earnings history and earnings-related data on Hudson Global (HSON) click here.