Performant Financial (PFMT) Tops Q4 EPS by 5c

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Go back to Performant Financial (PFMT) Tops Q4 EPS by 5c

Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2015

February 25, 2016 4:01 PM EST

LIVERMORE, Calif., Feb. 25, 2016 (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 fourth quarter ended December 31, 2015:

Fourth Quarter Financial Highlights

Total revenues of $41.1 million, compared to $39.7 million in the prior year period, up 3.4%Net income of $2.2 million or $0.04 per diluted share, compared to a net loss of $(2.4) million, or $(0.05) per diluted share, in the prior year periodAdjusted EBITDA of $9.8 million, compared to $4.9... More