Performant Financial (PFMT) Tops Q3 EPS by 1c

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Go back to Performant Financial (PFMT) Tops Q3 EPS by 1c

Performant Financial Corporation Announces Financial Results for Third Quarter 2016

November 3, 2016 4:02 PM EDT

LIVERMORE, Calif., Nov. 03, 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 third quarter ended September 30, 2016:

Third Quarter Financial Highlights

Total revenues of $31.2 million, compared to revenues of $38.5 million in the prior year period, down 19.0%Net loss of $0.7 million, or $(0.01) per diluted share, compared to a net loss of $0.3 million, or $(0.01) per diluted share, in the prior year periodAdjusted EBITDA of $4.7 million,... More