Hudson Global Reports 2020 First Quarter Results

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Hudson Global (HSON) Tops Q1 EPS by 9c, Revenues Miss

May 6, 2020 9:03 AM EDT

Hudson Global (NASDAQ: HSON) reported Q1 EPS of ($0.08), $0.09 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $24.1 million versus the consensus estimate of $25.25 million.

2020 First Quarter Summary

Revenue of $24.1 million increased 49.1% from the first quarter of 2019 and 55.2% in constant currency.Adjusted net revenue of $9.8 million increased 4.3% from the first quarter of 2019 and 7.8% in constant currency.Net loss improved to $0.5 million, or $0.17 per basic and diluted share, from a net loss of $1.9 million, or $0.58 per basic and diluted share, for the first quarter of 2019. Adjusted net loss per... More