Hudson Global, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 10, 2024 at 09:11 am EDT
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Hudson Global, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 33.89 million compared to USD 43.07 million a year ago. Net loss was USD 2.9 million compared to net income of USD 0.354 million a year ago.
Basic loss per share from continuing operations was USD 0.95 compared to basic earnings per share from continuing operations of USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.95 compared to diluted earnings per share from continuing operations of USD 0.11 a year ago.
Hudson Global, Inc. is a total talent solutions provider, which operates under the brand name Hudson RPO. The Company delivers customized recruitment outsourcing and total talent solutions to organizations worldwide. The Companyâs core service offering is RPO, consisting of RPO and contracting services. It provides complete recruitment outsourcing, project-based outsourcing and recruitment consulting for clientsâ permanent staff hires. The Company provides clients with a range of outsourced professional contract staffing services and managed service provider services sometimes offered on a standalone basis and sometimes as part of a blended total talent solution. These services draw upon a combination of specialized recruiting and project management competencies to deliver a range of solutions. Its clientele includes mid-to-large-cap multinational companies and government agencies. The Company operates in 14 countries with three geographic segments: Americas, Asia Pacific, and Europe.