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Stock impact report

Hudson Global Reports 2024 First Quarter Results

Hudson Global, Inc. (HSON) 
Last hudson global, inc. earnings: 3/30 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.hudson.com
Company Research Source: GlobeNewswire
OLD GREENWICH, Conn., May 10, 2024 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON) ("Hudson Global" or "the Company"), a leading global total talent solutions company, announced today financial results for the first quarter ended March 31, 2024. 2024 First Quarter Summary Revenue of $33.9 million decreased 21.3% from the first quarter of 2023 and 20.1% in constant currency.Adjusted net revenue of $16.3 million decreased 25.0% from the first quarter of 2023 and 24.6% in constant currency.Net loss was $2.9 million, or $0.95 per diluted share, compared to net income of $0.4 million, or $0.11 per diluted share, for the first quarter of 2023. Adjusted net loss per diluted share (non-GAAP measure)* was $0.72 compared to adjusted net income per diluted share of $0.22 in the first quarter of 2023.Adjusted EBITDA loss (non-GAAP measure)* was $1.5 million, a decrease versus adjusted EBITDA of $1.1 million in the first quarter of 2023.Total cash including restricted cash was $21.0 Show less Read more
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