Performant Financial (PFMT) Reports Q4 EPS of $0.08, Revenues Miss

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Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2020

March 16, 2021 4:05 PM EDT

LIVERMORE, Calif.--(BUSINESS WIRE)-- Performant Financial Corporation (Nasdaq: PFMT), a leading provider of technology-enabled recovery and related analytics services in the United States, today reported the following financial results for its fourth quarter and full year ended December 31, 2020:

Fourth Quarter Financial Highlights

Total revenues of $40.0 million, compared to $43.8 million in the prior year period, a decrease of 9% Net income of $3.7 million or $0.07 per diluted share, compared to a net loss of $3.9 million, or $(0.07) per diluted share, in the prior year period, an increase of... More