PRGX Global (PRGX) Misses Q1 EPS by 2c; Reaffirms FY20 Adj. EBITDA Outlook

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PRGX Global, Inc. Announces First Quarter 2020 Financial Results

April 28, 2020 4:03 PM EDT

Highest First Quarter Adjusted EBITDA in Seven Years; Reaffirms 2020 Annual Adjusted EBITDA Guidance

ATLANTA, April 28, 2020 (GLOBE NEWSWIRE) -- PRGX Global, Inc. (Nasdaq: PRGX), a global leader in Recovery Audit and Spend Analytics services, today announced its unaudited financial results for the first quarter ended March 31, 2020.

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;... More

PRGX Global, Inc. Announces First Quarter 2020 Financial Results

April 28, 2020 4:02 PM EDT

ATLANTA, April 28, 2020 (GLOBE NEWSWIRE) -- PRGX Global, Inc. (Nasdaq: PRGX), a global leader in Recovery Audit and Spend Analytics services, today announced its unaudited financial results for the first quarter ended March 31, 2020.

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 essential goods and... More