Hudson Global (HSON) Releases Earnings Results

Hudson Global (NASDAQ:HSON) released its quarterly earnings results on Tuesday. The business services provider reported ($0.09) earnings per share for the quarter, Bloomberg Earnings reports. Hudson Global had a negative net margin of 0.64% and a negative return on equity of 2.24%. The firm had revenue of $16.22 million during the quarter.

Shares of NASDAQ:HSON traded down $0.04 during trading on Wednesday, reaching $1.75. The stock had a trading volume of 50 shares, compared to its average volume of 37,687. Hudson Global has a one year low of $1.78 and a one year high of $1.80.

Several large investors have recently added to or reduced their stakes in HSON. Renaissance Technologies LLC boosted its holdings in shares of Hudson Global by 36.5% in the 4th quarter. Renaissance Technologies LLC now owns 647,256 shares of the business services provider’s stock valued at $1,456,000 after buying an additional 173,240 shares in the last quarter. Deutsche Bank AG raised its position in shares of Hudson Global by 1,186.2% in the 4th quarter. Deutsche Bank AG now owns 101,169 shares of the business services provider’s stock valued at $227,000 after purchasing an additional 93,303 shares during the last quarter. Algert Global LLC purchased a new position in shares of Hudson Global in the 4th quarter valued at approximately $128,000. Finally, Frontier Investment Mgmt Co. raised its position in shares of Hudson Global by 5.7% in the 4th quarter. Frontier Investment Mgmt Co. now owns 551,901 shares of the business services provider’s stock valued at $1,242,000 after purchasing an additional 30,000 shares during the last quarter. Institutional investors and hedge funds own 62.90% of the company’s stock.

Separately, ValuEngine upgraded shares of Hudson Global from a “sell” rating to a “hold” rating in a report on Monday, April 2nd.

Hudson Global Company Profile

Hudson Global, Inc provides professional-level recruitment and related talent solutions for small to large-sized corporations and government agencies worldwide. The company offers permanent recruitment services; and contracting services, such as project management, interim management, and professional contract staffing.

Earnings History for Hudson Global (NASDAQ:HSON)

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