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Performant Financial 3Q Earnings Snapshot

LIVERMORE, Calif. _ Performant Financial Corp. (PFMT) on Friday reported a loss of $7.6 million in its third quarter.

On a per-share basis, the Livermore, California-based company said it had a loss of 15 cents. Losses, adjusted for one-time gains and costs, were 14 cents per share.

The provider of audit and recovery services posted revenue of $27.6 million in the period.

Performant Financial expects full-year revenue in the range of $148 million to $158 million.

The company’s shares closed at $1.55. A year ago, they were trading at $1.81.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PFMT at https://www.zacks.com/ap/PFMT