Hudson Global (HSON) Reports Q2 Loss of $0.09

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Go back to Hudson Global (HSON) Reports Q2 Loss of $0.09

Hudson Global Reports 2016 Second Quarter Results

July 28, 2016 7:02 AM EDT

NEW YORK, July 28, 2016 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON), a leading global talent solutions company, today announced financial results for the second quarter ended June 30, 2016.

2016 Second Quarter Summary

On a reported basis, revenue of $113.1 million declined 7.9 percent from the second quarter of 2015 or 4.2 percent in constant currency. On a retained* basis, revenue declined 0.3 percent but increased 4.1 percent in constant currency. On a reported basis, gross margin of $46.8 million declined 6.7 percent from the second quarter of 2015 or 4.0 percent in constant currency. On a... More