PRGX Global, Inc. Announces First Quarter 2020 Financial Results
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PRGX Global (PRGX) Misses Q1 EPS by 2c; Reaffirms FY20 Adj. EBITDA Outlook
April 28, 2020 4:22 PM EDTPRGX Global (NASDAQ: PRGX) reported Q1 EPS of ($0.17), $0.02 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $36.84 million versus the consensus estimate of $36.08 million.
Quarterly Highlights
Revenue of $36.8 million, which was negatively impacted by approximately $0.7 million from a strengthening US dollar during the first quarter of 2020Adjusted EBITDA from continuing operations of $3.5 million, the highest first quarter Adjusted EBITDA in seven years; net loss from continuing operations of $3.9 millionOver 75% of Revenue from clients in sectors providing... More