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Hudson Global Inc (HSON)
NASDAQ:HSON
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Earnings Data
Report Date
Mar 07, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.06Last Year’s EPS
$0.04Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: -1.11%
|Next Earnings Date:Mar 07, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment with notable achievements like strategic hires, regional revenue growth in the Americas and EMEA, and improved cash flow. However, these were offset by significant challenges including revenue declines, a net loss, and underperformance in the Asia Pacific region.Company Guidance
During the Q3 2024 earnings call for Hudson Global, the company reported revenue of $36.9 million, a decline of 8% year-over-year in constant currency, with adjusted net revenue at $18.6 million, down 5% from the previous year. Adjusted EBITDA for the quarter was $0.8 million, a significant decrease from $2 million in the same quarter last year. Additionally, the company reported a net loss of $0.8 million, or $0.28 per diluted share, compared to a net income of $0.5 million, or $0.17 per diluted share, in Q3 2023. Regionally, the Americas saw a 6% increase in revenue, while Asia Pacific experienced a 15% decline. EMEA revenue grew by 7%. The company ended the quarter with $16.5 million in cash and generated $1.3 million in cash flow from operations, reversing a $0.7 million outflow in the previous year. The balance sheet reflected $5.8 million in goodwill and $2.8 million in net amortizable intangible assets. Despite challenges in hiring volumes, particularly in financial services in Asia-Pacific, Hudson Global continues to expand its geographical reach and service offerings, with strategic hires and a focus on long-term growth.Americas and EMEA Revenue Growth
Revenue for the Americas business increased 6% and for the EMEA business increased 7% year-over-year in constant currency. Adjusted net revenue for EMEA increased 5%.
Cash Flow Improvement
The company generated $1.3 million in cash flow from operations during the third quarter of 2024 compared to a $0.7 million cash outflow from operations in the third quarter of 2023.
Strategic Hires and Recognition
Multiple strategic hires were made to enhance geographical reach and service offerings. Hudson RPO was recognized for the 16th consecutive year in HRO Today's magazine's Baker's Dozen list of top enterprise RPO providers.
Share Repurchases
The company continued share repurchase activity, buying back $2.5 million worth of stock this year.
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HSON Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HSON Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $14.41 | $13.19 | -8.47% |
| Aug 08, 2024 | $17.69 | $17.66 | -0.17% |
| May 10, 2024 | $16.38 | $16.73 | +2.14% |
| Mar 14, 2024 | $14.55 | $15.26 | +4.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hudson Global Inc (HSON) report earnings?
Hudson Global Inc (HSON) is schdueled to report earning on Mar 07, 2025, TBA Not Confirmed.
What is Hudson Global Inc (HSON) earnings time?
Hudson Global Inc (HSON) earnings time is at Mar 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HSON EPS forecast?
HSON EPS forecast for the fiscal quarter 2024 (Q4) is -$0.06.
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