Preview Of PRGX Global, Inc. (NASDAQ:PRGX) 2Q20 Earnings

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PRGX Global, Inc. (NASDAQ:PRGX) is expected to report second quarter earnings results, after market close, on Tuesday 28th July 2020.

Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.02 per share from revenue of $ 37.15 million.

Looking ahead, the full year income are expected at $ 0.17 per share on the revenues of $ 162.67 million.

Previous Quarter Performance

PRGX Global, Inc. reported loss for the first quarter of $ 0.17 per share, from the revenue of $ 36.84 million. The quarterly earnings improved 11.76 percent while revenues compared with the same quarter last year.
The consensus estimates are loss of $ 0.15 per share from $ 36.08 million in revenue. The bottom line results missed street analysts by $ 0.02 or 13.33 percent, at the same time, top line results outshined analysts by $ 0.76 million or 2.11 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of PRGX Global, Inc.

Stock Performance

According to the previous trading day, closing price of PRGX was $ 5.06, representing a 185.88 % increase from the 52 week low of $ 1.77 and a 28.02 % decrease over the 52 week high of $ 7.03.

The company has a market capital of $ 119.38 million and is part of the Industrials sector and Business Services industry.

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PRGX Global, Inc., together with its subsidiaries, provides recovery audit services to businesses and government agencies having payment transactions and procurement environments worldwide. Its recovery audit services are based on the mining of clients purchasing-related data for overpayments to the third-party suppliers. The company also offers adjacent services, including data transformation, spend analytics, supplier information management, and related advisory services, as well as PRGX OPTIX suite of analytics tools.