Performant Financial (PFMT) Tops Q4 EPS by 1c
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Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2016
March 1, 2017 4:02 PM ESTLIVERMORE, Calif., March 01, 2017 (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 and full year ended December 31, 2016:
Fourth Quarter Financial Highlights
Total revenues of $33.8 million, compared to $41.1 million in the prior year period, down 17.6%Net loss of $12.3 million or $(0.24) per diluted share, compared to net income of $2.2 million, or $0.04 per diluted share, in the prior year periodAdjusted EBITDA of $4.9 million, compared to... More