Hudson Global (HSON) Reports Q4 Loss of $0.01

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Hudson Global Reports 2016 Fourth Quarter and Full-Year Results

March 2, 2017 7:00 AM EST

NEW YORK, March 02, 2017 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON), a leading global talent solutions company, today announced financial results for the fourth quarter and full-year ended December 31, 2016.

2016 Fourth Quarter Summary

Revenue of $100.3 million declined 5.5 percent from the fourth quarter of 2015, or 0.4 percent in constant currency.  Gross margin of $42.8 million declined 3.7 percent from the fourth quarter of 2015, but was flat in constant currency. Net loss* of $0.3 million, or $0.01 per basic and diluted share, compared with net loss* of $2.6 million, or $0.07 per basic and... More