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Hudson Global Reports Second Quarter Results

Hudson Global Inc. News Release (07/31/2013)

Hudson Global Inc. reported revenue of $171.4 million in the second quarter of 2013, down 16.3% from $204.8 million in the second quarter of 2012. The company reported a net loss of $5.8 million, compared with net income of $394,000 in the second quarter of 2012. For the first half of 2013, the company reported revenue of $337 million, down from $405.4 million in the first half of 2012, and a net loss of $14.1 million, compared with a net loss of $2.8 million in the year-ago period.

The company’s revenue in the Americas was $37.3 million in the second quarter of 2013, down from $45.5 million in the second quarter of 2012. Revenue in the Americas for the first half of 2013 totaled $74.5 million, down from $90.7 million in the first half of 2012.