Hudson Global Inc. News Release (02/21/2013)
Hudson Global Inc. reported revenues of $184.3 million for the fourth quarter of 2012, down 17.3% from the fourth quarter of 2011. The company reported a net loss of $0.3 million for the fourth quarter, versus net income of $3.3 million during the same period in 2011. Revenues totaled $777.6 million for all of 2012, down 16.7% from 2011. For all of 2012, the company reported a net loss of $5.3 million, compared with net income of $10.9 million the prior year. The Hudson Americas unit reported revenues of $39.5 million for the fourth quarter, down from $47.8 million, and $169.2 million for all of 2012, down from $192.2 million in 2011.
Exclusive Guide to Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.