Welcome to our dedicated page for Hudson Global news (Ticker: HSON), a resource for investors and traders seeking the latest updates and insights on Hudson Global stock.
Hudson Global, Inc. reports developments tied to Hudson RPO, its global total talent solutions business. Company news commonly covers quarterly operating and financial results, conference-call updates, adjusted net revenue, adjusted EBITDA, cash position, corporate costs, and other performance measures used in its public releases.
Updates also include material agreements, shareholder voting matters, governance items, capital-structure disclosures, and expansion of Hudson RPO’s recruitment and talent-solutions platform. Recent company developments include the acquisition of Alpha Consulting Group in Japan, a recruitment services provider serving customers in IT services, technology, business services, and other sectors.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Hudson Global reported its financial results for Q4 and the full year ended December 31, 2022. Q4 revenue dropped 12.9% year-over-year to $43.6 million. Adjusted net revenue decreased slightly by 0.7% to $22.2 million. The net income was $0.1 million, down from $2.1 million in Q4 2021. For the full year, revenue rose 18.7% to $200.9 million, with a net income of $7.1 million compared to $3.2 million in the previous year. The CEO noted growth in the UK and Australia but mentioned challenges from the US technology sector and China's COVID-19 lockdowns. The company ended Q4 with $27.5 million in cash and reported significant net operating losses, which it aims to protect.
Hudson Global, Inc. (Nasdaq: HSON) will announce its fourth quarter financial results for the period ending December 31, 2022, on March 30, 2023, before market open. A conference call to review these results will take place on the same day at 10:00 am ET. Interested parties can join via toll-free dial-in at (866) 652-5200 or internationally at (412) 317-6060. The call will be available for live streaming on the investor relations section of Hudson’s website, where an archived version will also be accessible.
Hudson Global (HSON) reported a revenue of $48.7 million for Q3 2022, marking an 8.2% increase year-over-year. Adjusted net revenue rose 34.2% to $24.2 million. However, net income decreased to $1.0 million or $0.30 per diluted share, down from $1.5 million or $0.49 the previous year. Adjusted EBITDA remained flat at $3.0 million. The company faced headwinds such as reduced Project RPO work and a slowdown in technology hiring. Despite this, robust activity at existing clients and a strong sales pipeline in healthcare were noted.
Hudson Global, Inc. (Nasdaq: HSON) will release its third quarter financial results for the period ending September 30, 2022, on November 10, 2022, before the market opens. Following the release, a conference call will be held at 10:00 am ET to discuss the results. This call will also be available via a live webcast on the investor relations section of the company's website. The archived call will be accessible afterwards. For further inquiries, more information about the company can be found at hudsonrpo.com.
Hudson Global, a leader in talent solutions, announced its participation in the Windy City Roundup Conference on October 12-13, 2022, at the Swissotel, Chicago. The key presentation by management is scheduled for October 12 at 11:30 am CT, accessible via a live stream. Investors are encouraged to schedule one-on-one meetings with management during the event. For additional information, a PDF of the presentation will be available on the Hudson Global Investor Relations website.