Performant Healthcare, Inc. – Common Stock (NASDAQ:PHLT) Posts Quarterly Earnings Results

Performant Healthcare, Inc. – Common Stock (NASDAQ:PHLT) announced its quarterly earnings results on Wednesday. The company reported $0.02 EPS for the quarter, reports. The firm had revenue of $34.77 million for the quarter, compared to analyst estimates of $34.15 million. Performant Healthcare, Inc. – Common Stock had a negative return on equity of 10.19% and a negative net margin of 6.74%.

Performant Healthcare, Inc. – Common Stock Trading Up 4.8 %

Shares of Performant Healthcare, Inc. – Common Stock stock opened at $2.64 on Thursday. The stock has a market capitalization of $206.69 million, a price-to-earnings ratio of -26.40 and a beta of 0.03. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.67 and a current ratio of 2.67. Performant Healthcare, Inc. – Common Stock has a 12 month low of $2.26 and a 12 month high of $4.35. The company’s fifty day moving average price is $2.46.

About Performant Healthcare, Inc. – Common Stock

Performant Healthcare, Inc engages in the provision of technology-enabled audit, recovery, customer care, and related analytics services. Its services help identify improper payments, and in some markets, restructure and recover delinquent or defaulted assets and improper payments for both government and private clients.