Hudson Global (NASDAQ:HSON) Issues Quarterly Earnings Results
Hudson Global (NASDAQ:HSON) released its quarterly earnings results on Wednesday. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.02), Morningstar.com reports. Hudson Global had a negative return on equity of 10.45% and a negative net margin of 7.11%. The firm had revenue of $26.41 million for the quarter, compared to the consensus estimate of $26.15 million. Hudson Global updated its FY 2019 guidance to EPS.
Shares of NASDAQ:HSON traded down $0.58 during mid-day trading on Thursday, hitting $12.10. The company had a trading volume of 12,865 shares, compared to its average volume of 2,823. The company has a fifty day moving average of $11.72. The firm has a market capitalization of $36.43 million, a P/E ratio of -7.56 and a beta of 0.13. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.17 and a quick ratio of 5.17. Hudson Global has a one year low of $10.26 and a one year high of $17.90.
Several research firms have issued reports on HSON. BidaskClub lowered shares of Hudson Global from a “sell” rating to a “strong sell” rating in a report on Tuesday, June 11th. ValuEngine upgraded shares of Hudson Global from a “hold” rating to a “buy” rating in a report on Wednesday, June 12th.
Hudson Global, Inc provides talent solutions for small to large-sized corporations and government agencies under the Hudson RPO brand worldwide. It offers recruitment process outsourcing (RPO) recruitment services, such as complete recruitment outsourcing, project-based outsourcing, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.
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