Hudson Global Inc. News Release (02/27/2014)

Hudson Global Inc. reported revenues of $159.5 million for the fourth quarter of 2013, down 13.4% from $184.3 million in the fourth quarter of 2012, and $660.1 million for all of 2013, down 15.1% from $777.6 million in 2012. The company reported a net loss of $11.3 million in the fourth quarter, compared with a net loss of $0.3 million in the year-ago period, and a net loss of $30.4 million for the year, compared with a net loss of $5.3 million in 2012. Hudson Americas reported revenues of $29.6 million for the fourth quarter, down 25.1% from $39.5 million in the fourth quarter of 2012, and $139 million for 2013, down 17.9% from $169.2 million in 2012.