Hudson Global, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:25 pm EST
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Hudson Global, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 39.4 million compared to USD 48.69 million a year ago. Net income was USD 0.533 million compared to USD 0.955 million a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to USD 0.31 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to USD 0.3 a year ago.
For the nine months, sales was USD 127.37 million compared to USD 157.33 million a year ago. Net income was USD 1.47 million compared to USD 7.07 million a year ago. Basic earnings per share from continuing operations was USD 0.48 compared to USD 2.35 a year ago. Diluted earnings per share from continuing operations was USD 0.47 compared to USD 2.25 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.