Performant Financial (PFMT) Reports Q2 EPS of $0.06

Go back to Performant Financial (PFMT) Reports Q2 EPS of $0.06

Performant Financial Corporation Announces Financial Results for Second Quarter 2016

August 4, 2016 4:02 PM EDT

LIVERMORE, Calif., Aug. 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 second quarter ended June 30, 2016:

Second Quarter Financial Highlights

Total revenues of $38.1 million, compared to revenues of $41.3 million in the prior year period, down 8% Net income of $1.5 million, or $0.03 per diluted share, compared to a net income of $0.7 million, or $0.01 per diluted share, in the prior year periodAdjusted EBITDA of $8.9 million, compared to... More