Hudson Global Inc. News Release (10/13/2014)
Hudson Global Inc. says that third-quarter revenue will remain flat year-to-year at $163 million, just below the range of $165 million to $175 million that was announced on July 31, primarily due to slower progress than expected in its more challenged markets and softer exchange rates than the prevailing rates at the time of guidance. Lack of growth in the top line did not allow the company to offset the selected investments made in its core growth areas and its transition costs toward a more efficient operating model.
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