Hudson Global Inc. News Release (02/26/2015)

Hudson Global Inc. reported revenues of $136.7 million in the fourth quarter of 2014, down 2.4% (up 2.8% in constant currency) from $140 million in the fourth quarter of 2013. The company reported net income of $2.7 million, compared with a net loss of $11.3 million in the year-ago quarter. Revenue for Hudson Americas totaled $11.7 million, down 4.9% from $12.3 million in the 2013 fourth quarter.

For all of 2014, the company reported revenues of $581.2 million, up 3.3% (3.5% in constant currency) from $562.6 million in 2013. The company reported a net loss of $13.2 million for 2014, compared with a net loss of $30.4 million in 2013. Revenue for Hudson Americas totaled $50.1 million for the year, down 3.5% from $51.9 million in 2013.