Performant Financial (PFMT) Reports Q4 Loss of $0.01, Offers Outlook
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Performant Financial Corporation Announces Financial Results for First Quarter 2015
May 6, 2015 4:02 PM EDTLIVERMORE, Calif., May 6, 2015 (GLOBE NEWSWIRE) -- Performant Financial Corporation (Nasdaq: PFMT), a leading provider of technology-enabled recovery and related analytics services in the United States, today reported the following financial results for its first quarter ended March 31, 2015:
First Quarter Financial Highlights
Total revenues of $38.6 million, representing a year-over-year decrease of 34.2% Net loss of $4.4 million, resulting in a net loss per diluted share of $0.09, compared to net income of $6.3 million, or $0.13 per diluted share, in the prior year period Adjusted EBITDA of $4.1 million, compared to $17.4 million in... More