PRGX Global (PRGX) Posts Q3 GAAP Loss of 14c/Share

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Go back to PRGX Global (PRGX) Posts Q3 GAAP Loss of 14c/Share

PRGX Global, Inc. Announces Third Quarter 2015 Financial Results

October 27, 2015 7:01 AM EDT

ATLANTA, Oct. 27, 2015 (GLOBE NEWSWIRE) -- PRGX Global, Inc. (Nasdaq: PRGX), the worlds leading provider of accounts payable recovery audit services, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2015.

After two quarters of solid Adjusted EBITDA performance in 2015, we experienced several challenges which impacted our third quarter financial results. However, our core recovery audit business remains strong as we continue to build and invest in our growth platforms, said Ron Stewart, president and chief executive officer.

While claims production in the core... More