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Hudson Global Inc (HSON) provides specialized recruitment outsourcing and talent management solutions for global organizations. This news hub delivers official updates and third-party analysis on strategic developments, financial performance, and operational milestones.
Investors and industry professionals will find curated coverage of earnings reports, leadership changes, service innovations, and market expansion initiatives. The page consolidates regulatory filings, press releases, and expert commentary to support informed decision-making.
Key focus areas include developments in RPO services, workforce transformation strategies, and global talent solutions. Content is regularly updated to reflect the evolving landscape of human capital management.
Bookmark this page for streamlined access to verified HSON updates. Combine real-time alerts with historical context to track the company's progress in recruitment technology and HR consulting.
Hudson Global (HSON) reported its Q2 2024 financial results, showing a 20.5% decrease in revenue to $35.7 million compared to Q2 2023. The company experienced a net loss of $0.4 million, or $0.15 per diluted share, contrasting with a net income of $0.6 million in the same period last year. Adjusted EBITDA declined to $0.7 million from $2.6 million in Q2 2023.
The company attributed the slowdown to reduced hiring activity across its client base. However, Hudson Global highlighted new business wins expected to ramp up in coming months. The company also expanded its reach through the acquisition of Striver, a UAE-based talent acquisition firm. Despite challenges, Hudson Global maintains a strong cash position of $15.3 million and continues its share repurchase program, having bought back $2.1 million of stock year-to-date under a new $5 million authorization.
Hudson Global (Nasdaq: HSON), a leading global talent solutions company, has announced it will release its second quarter 2024 financial results on Thursday, August 8, 2024, before the market opens. The company will host a conference call to discuss the results at 10:00 am ET on the same day. Investors can join the call using the toll-free number 1-833-816-1383 or the international number 1-412-317-0476.
A simultaneous webcast of the call will be available through the investor relations section of Hudson Global's website, hudsonrpo.com. For those unable to attend live, an archived version of the call will also be accessible on the company's website.
Hudson Global, Inc. reported a weak first quarter of 2024 with revenue of $33.9 million, a 21.3% decrease from the previous year. Adjusted net revenue also declined by 25.0% to $16.3 million. The company faced a net loss of $2.9 million, compared to a net income of $0.4 million in the same period last year. Despite cost reductions and positive business changes, the company is optimistic about future growth potential.
Hudson Global, Inc. (Nasdaq: HSON) will release its first-quarter financial results on May 10, 2024, before the market opens. The company will hold a conference call to discuss the results at 10:00 am ET. Hudson Global, Inc. is a leading total talent solutions provider offering recruitment outsourcing and total talent solutions worldwide under the brand name Hudson RPO. For more information, visit hudsonrpo.com.
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