Hudson Global Inc. News Release (04/24/2014)
Hudson Global has sent a letter to its stockholders, informing them, among other things, that the company is making significant progress executing its transformation plan and is on a path toward sustained profitability. Hudson “finished 2013 with sequential quarterly gross margin growth, strong liquidity of $67 million, and a solid business development pipeline,” the letter states. The company expects to achieve quarterly break-even adjusted earnings before interest, taxes, depreciation, and amortization this year.
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