Hudson Global (NASDAQ:HSON) Announces Earnings Results

Hudson Global (NASDAQ:HSON) posted its quarterly earnings results on Friday. The business services provider reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.01, Zacks reports. Hudson Global had a negative return on equity of 5.22% and a negative net margin of 2.46%.

Hudson Global Price Performance

Hudson Global stock opened at $10.45 on Friday. The firm has a 50 day simple moving average of $12.05 and a 200-day simple moving average of $14.12. The stock has a market cap of $28.53 million, a price-to-earnings ratio of -9.08, a price-to-earnings-growth ratio of 0.37 and a beta of 0.54. Hudson Global has a 1-year low of $10.10 and a 1-year high of $19.70.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Hudson Global in a report on Monday. They issued a “hold” rating for the company.

About Hudson Global

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.