Performant Financial (PFMT) Reports Q2 EPS of $0.06, Revenues Miss

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Go back to Performant Financial (PFMT) Reports Q2 EPS of $0.06, Revenues Miss

Performant Financial Corporation Announces Financial Results for Third Quarter 2020

November 10, 2020 4:05 PM EST

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 third quarter ended September 30, 2020:

Third quarter Financial Highlights

Total revenues of $36.2 million, compared to revenues of $35.9 million in the prior year period Net income of approximately $2.0 million, or $0.04 per diluted share, compared to a net loss of $8.1 million, or $(0.15) per diluted share, in the prior year period. Adjusted net income... More