Performant Financial (PFMT) Reports Q1 Loss of $0.05, Revenues Miss
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Performant Financial Corporation Announces Financial Results for First Quarter 2021
May 13, 2021 4:05 PM EDTLIVERMORE, 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 first quarter ended March 31, 2021:
First Quarter Financial Highlights
Total revenues of $31.4 million, compared to revenues of $45.9 million in the prior year period Net loss of approximately $4.4 million, or $(0.08) per diluted share, compared to a net loss of $12.5 million, or $(0.23) per diluted share, in the prior year period. Adjusted net loss was... More