Welcome to our dedicated page for Hudson Global news (Ticker: HSON), a resource for investors and traders seeking the latest updates and insights on Hudson Global stock.
Hudson Global, Inc. (NASDAQ: HSON) is a premier provider of specialized recruitment and talent management solutions. The company plays a pivotal role in transforming workplaces by helping organizations and individuals reach their full potential.
Hudson Global offers a range of services, including Permanent Recruitment, Contracting, Recruitment Process Outsourcing (RPO), and Talent Management Solutions. Their Permanent Recruitment services utilize a dedicated team of consultants to select and place the best candidates for various roles. For Contracting services, Hudson Global provides project management, interim management, and professional contract staffing solutions tailored to meet client needs.
The company’s RPO services deliver both permanent and contracting outsourced recruitment solutions to businesses worldwide. Additionally, their Talent Management Solutions encompass a broad spectrum of services such as talent assessment, interview training, executive coaching, employee development, and outplacement services.
Hudson Global has earned recognition for its comprehensive services and robust client relationships. Recent achievements include high rankings in the Annual Client Satisfaction Survey for RPO providers in the APAC and EMEA regions. The company's current projects and initiatives consistently reflect their commitment to excellence and client satisfaction.
The firm’s financial health is solid, supported by a strategic approach to liquidity and capital resources. Hudson Global is actively engaged in various regions, including the Americas, and stands out for its exceptional investor relations, managed by The Equity Group. Key contacts include Lena Cati and Katie Murphy, who are instrumental in maintaining transparent and effective communications with investors.
For those seeking the latest news and updates on Hudson Global, the company remains active in releasing pertinent information regarding its performance, events, and strategic developments.
Hudson Global (NASDAQ: HSON) reported Q3 2024 financial results showing revenue decline to $36.9 million, down 6.5% from Q3 2023. The company posted a net loss of $0.8 million, or $0.28 per diluted share, compared to net income of $0.5 million in Q3 2023. Adjusted EBITDA decreased to $0.8 million from $2.0 million year-over-year.
Regional performance varied with Americas revenue up 6%, while Asia Pacific declined 15%. The company maintained strong liquidity with $16.5 million in total cash and continued its share repurchase program, buying back $0.4 million of stock in Q3 2024.
Hudson RPO, owned by Hudson Global (NASDAQ: HSON), has been ranked as the No. 1 overall recruitment process outsourcing (RPO) provider in APAC on HRO Today's Baker's Dozen list. The company secured first place for quality of services and second place for both breadth of services and size of deals. This marks their second consecutive year as the top APAC provider and 12th consecutive year on the APAC list. Additionally, Hudson RPO placed in the top 10 for EMEA providers for the 8th consecutive year. The Baker's Dozen rankings are based on a satisfaction survey of 500 verified global customers who evaluate RPO providers on overall breadth of service, deal size, and service quality.
Hudson Global (Nasdaq: HSON) has announced it will release its third quarter 2024 financial results on Tuesday, November 12, 2024, before market opening. The talent solutions company will host a conference call to discuss the results at 10:00 am ET (7:00 am PT). Investors can join via phone using toll-free number 1-833-816-1383 or international number 1-412-317-0476. A simultaneous webcast will be available through the investor relations section of hudsonrpo.com, where the archived call will also be accessible.
Hudson RPO, a global talent solutions company owned by Hudson Global, Inc. (NASDAQ: HSON), has been ranked among HRO Today magazine's Baker's Dozen list of top enterprise recruitment process outsourcing (RPO) providers for the 16th consecutive year. The company achieved a ranking of #6 in the "Overall Enterprise RPO Leaders" category, maintaining its position from the previous year.
Hudson RPO CEO, Jake Zabkowicz, expressed pride in this achievement, highlighting it as a reflection of the company's excellent reputation and brand awareness. The recognition also demonstrates Hudson RPO's commitment to customer service, employee investment, and innovative solutions.
In addition to its overall ranking, Hudson RPO received recognition in three key areas: Breadth of Service, Size of Deal, and Quality of Service. The Baker's Dozen list is based on a survey of 500 verified global customers, making it a leading indicator of top recruitment outsourcing providers.
Hudson Global (HSON) reported its Q2 2024 financial results, showing a 20.5% decrease in revenue to $35.7 million compared to Q2 2023. The company experienced a net loss of $0.4 million, or $0.15 per diluted share, contrasting with a net income of $0.6 million in the same period last year. Adjusted EBITDA declined to $0.7 million from $2.6 million in Q2 2023.
The company attributed the slowdown to reduced hiring activity across its client base. However, Hudson Global highlighted new business wins expected to ramp up in coming months. The company also expanded its reach through the acquisition of Striver, a UAE-based talent acquisition firm. Despite challenges, Hudson Global maintains a strong cash position of $15.3 million and continues its share repurchase program, having bought back $2.1 million of stock year-to-date under a new $5 million authorization.
Hudson Global (Nasdaq: HSON), a leading global talent solutions company, has announced it will release its second quarter 2024 financial results on Thursday, August 8, 2024, before the market opens. The company will host a conference call to discuss the results at 10:00 am ET on the same day. Investors can join the call using the toll-free number 1-833-816-1383 or the international number 1-412-317-0476.
A simultaneous webcast of the call will be available through the investor relations section of Hudson Global's website, hudsonrpo.com. For those unable to attend live, an archived version of the call will also be accessible on the company's website.
Hudson Global, Inc. reported a weak first quarter of 2024 with revenue of $33.9 million, a 21.3% decrease from the previous year. Adjusted net revenue also declined by 25.0% to $16.3 million. The company faced a net loss of $2.9 million, compared to a net income of $0.4 million in the same period last year. Despite cost reductions and positive business changes, the company is optimistic about future growth potential.
Hudson Global, Inc. (Nasdaq: HSON) will release its first-quarter financial results on May 10, 2024, before the market opens. The company will hold a conference call to discuss the results at 10:00 am ET. Hudson Global, Inc. is a leading total talent solutions provider offering recruitment outsourcing and total talent solutions worldwide under the brand name Hudson RPO. For more information, visit hudsonrpo.com.
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