Performant Financial (PFMT) Reports Q1 Loss of $0.01, Revenues Miss

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Go back to Performant Financial (PFMT) Reports Q1 Loss of $0.01, Revenues Miss

Performant Financial Corporation Announces Financial Results for Second Quarter 2020

August 11, 2020 4:05 PM EDT

LIVERMORE, Calif.--(BUSINESS WIRE)-- Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled recovery and related analytics services in the United States, today reported the following financial results for its second quarter ended June 30, 2020:

Second Quarter Financial Highlights

Total revenues of $33.8 million, compared to revenues of $35.8 million in the prior year period Net loss of approximately $7.2 million, or $(0.13) per diluted share, compared to a net loss of $6.4 million, or $(0.12) per diluted share, in the prior year period. Included in the... More