Performant Financial (PFMT) Tops Q3 EPS by 2c

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Performant Financial Corporation Announces Financial Results for Third Quarter 2015

November 4, 2015 4:01 PM EST

LIVERMORE, Calif., Nov. 04, 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 third quarter ended September 30, 2015:

Third Quarter Financial Highlights

Total revenues of $38.5 million, compared to $39.6 million in the prior year period, down 2.9%Net loss of $(0.3) million, or $(0.01) per diluted share, compared to a net loss of $(0.5) million, or $(0.01) per diluted share, in the prior year periodAdjusted EBITDA of $6.5 million, compared to $5.7 million in... More