Performant Financial (PFMT) Tops Q1 EPS by 5c

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Go back to Performant Financial (PFMT) Tops Q1 EPS by 5c

Performant Financial Corporation Announces Financial Results for First Quarter 2016

May 4, 2016 4:01 PM EDT

LIVERMORE, Calif., May 04, 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 first quarter ended March 31, 2016:

First Quarter Financial Highlights

Total revenues of $38.3 million, compared to revenues of $38.6 million in the prior year period, down 0.7% Net income of $80 thousand, or $0.00 per diluted share, compared to a net loss of $(4.4) million, or $(0.09) per diluted share, in the prior year periodAdjusted EBITDA of $7.4 million,... More