Performant Financial (PFMT) Tops Q4 EPS by 2c

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Go back to Performant Financial (PFMT) Tops Q4 EPS by 2c

Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2021; Simeon Kohl Promoted to President of Performant Financial

March 15, 2022 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, 2021:

Fourth Quarter Financial Highlights

Total revenues of $31.6 million, compared to $40.0 million in the prior year period, a decrease of 21% Healthcare revenues of $25.6 million, compared to $18.9 million in the prior year period, an increase of 35% Net loss of $2.6 million or $(0.04) per diluted share, was... More