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 (HSON) reported strong financial results for Q3 2021, with revenue of $45.0 million, marking a 77.1% increase from Q3 2020. Adjusted net revenue soared by 98.8% to $18.0 million, and net income rose to $1.5 million from a loss of $1.2 million the previous year. Adjusted EBITDA improved to $3.0 million. Revenue growth was driven by all regions: Americas (+280%), Asia Pacific (+58%), and Europe (+39%). The company ended the quarter with $26.5 million in cash and continues to pursue share repurchases.
Hudson Global, Inc. (HSON) has announced its acquisition of Karani, LLC, expanding its global delivery capabilities and enhancing its ability to fill technology roles. Karani, based in Chicago, operates primarily in India and the Philippines, employing around 600 individuals to support U.S. clients. CEO Jeff Eberwein expressed confidence that this acquisition will generate significant value for stakeholders and facilitate market expansion in India and other regions. All Karani employees, except CEO Dan Williams, will transition to Hudson RPO, which aims to leverage Karani's capabilities for enhanced service delivery.
Hudson Global, Inc. (Nasdaq: HSON) plans to release its third quarter financial results for the period ending September 30, 2021, on November 5, 2021, prior to market opening. A conference call will be held at 10 a.m. ET on the same day to discuss these results, with a live webcast available on their investor relations website. The call will also be archived for later access. Hudson RPO provides customized recruitment outsourcing solutions aimed at helping organizations meet strategic growth objectives.
Hudson Global reported a strong second quarter for 2021, with revenues of $39.7 million, a significant increase of 61.5% year-over-year. Adjusted net revenue rose 69.0% to $15.1 million, while net loss improved to $0.1 million from $0.8 million a year earlier. Adjusted EBITDA turned positive at $1.7 million. Regional growth was led by the Americas, which experienced a 139% revenue increase. The company finished the quarter with $24.5 million in cash and has $1.7 million remaining under its stock repurchase program.
Hudson Global (Nasdaq: HSON) will release its Q2 2021 financial results before market opening on August 6, 2021. A conference call for discussing these results is scheduled for the same day at 10 a.m. ET, and will be accessible via the company's website. Hudson Global specializes in providing total talent solutions globally and focuses on developing tailored recruitment outsourcing strategies for various organizations.
On June 21, 2021, Hudson Global (NASDAQ: HSON) announced its participation in the Sidoti & Company Virtual Investor Conference. The company’s main presentation is scheduled for June 24, 2021, at 10:45 am ET. During the event, Hudson's management will also engage with investors throughout the day. The presentation will be accessible online via specific links, and a replay will be available for 90 days post-event. Hudson Global is recognized for delivering tailored recruitment outsourcing and talent solutions globally.
Hudson Global reported a significant increase in revenue for Q1 2021, reaching $34.5 million, a 42.8% rise compared to Q1 2020. Adjusted net revenue rose 29.8% to $12.7 million. The net loss narrowed to $0.2 million or $0.07 per share, from $0.5 million or $0.17 per share a year earlier. Adjusted EBITDA was $0.8 million compared to a loss in the prior year. The company ended the quarter with $23.6 million in cash. The Americas region experienced significant growth, influenced by the acquisition of Coit Group.
Hudson Global, Inc. (Nasdaq: HSON) will release its Q1 financial results on May 7, 2021, prior to market opening. A conference call to discuss the results is scheduled for the same day at 10 a.m. ET, accessible via their website. The company specializes in customized talent solutions and aims to exceed clients’ expectations while navigating current market conditions.
Hudson Global, a prominent talent solutions provider, will present at the Sidoti & Company Virtual Investor Conference on March 25, 2021, at 10:00 am ET. The management team will engage with investors throughout the day, and the presentation will be accessible via their website. A replay will be available for 90 days following the event. Hudson specializes in customized recruitment outsourcing solutions that align with client growth strategies. For more details, investors can visit their Investor Relations page.
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