Performant Financial (PFMT) Tops Q2 EPS by 5c

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Performant Financial Corporation Announces Financial Results for Second Quarter 2015

August 5, 2015 4:01 PM EDT

LIVERMORE, Calif., Aug. 5, 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 second quarter ended June 30, 2015:

Second Quarter Financial Highlights

Total revenues of $41.3 million, compared to $57.4 million in the prior year period, down 28% Net income of $0.7 million, or $0.01 per diluted share, compared to $5.9 million, or $0.12 per diluted share, in the prior year period Adjusted EBITDA of $8.4 million, compared to $16.7 million in the prior year period... More

Performant Financial Corporation Announces Financial Results for Second Quarter 2015

August 5, 2015 4:01 PM EDT

LIVERMORE, Calif., Aug. 5, 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 second quarter ended June 30, 2015:

Second Quarter Financial Highlights

Total revenues of $41.3 million, compared to $57.4 million in the prior year period, down 28% Net income of $0.7 million, or $0.01 per diluted share, compared to $5.9 million, or $0.12 per diluted share, in the prior year period Adjusted EBITDA of $8.4 million, compared to $16.7 million in the prior year period... More