Performant Financial: 3Q Earnings Snapshot
LIVERMORE, Calif. (AP) _ Performant Financial Corp. (PFMT) on Friday reported a loss of $7.6 million in its third quarter.
On a per-share basis, the Livermore, California-based company said it had a loss of 15 cents. Losses, adjusted for one-time gains and costs, were 14 cents per share.
The provider of audit and recovery services posted revenue of $27.6 million in the period.
Performant Financial expects full-year revenue in the range of $148 million to $158 million.
The company’s shares closed at $1.55. A year ago, they were trading at $1.81.