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Stock impact report

Performant Provides an Update to EBITDA Guidance for Fourth Quarter 2019, Announces Initial 2020 Annual Guidance Ranges, Announces Fourth Quarter and Full Year 2019 Earnings Call Details

Performant Financial Corporation (PFMT) 
Last performant financial corporation earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.performantcorp.com/node/5806
Company Research Source: GlobeNewswire
LIVERMORE, Calif., Feb. 26, 2020 (GLOBE NEWSWIRE) -- Performant Financial Corporation (Nasdaq:PFMT),(“the Company”), a provider of technology-enabled recovery and related analytics services, today announced that it anticipates reporting Revenue in the range of $43 million to $44 million and Adjusted EBITDA in the range of $6.0 and $6.5 million for the fourth quarter of 2019. Additionally, the Company is also providing initial 2020 guidance, which calls for revenue and adjusted EBITDA in the ranges of $170 million to $180 million and $12 million to $15 million, respectively. Lisa Im, CEO of Performant said, “I’ve said many times throughout our transformation that it was going to be a process that would take time to yield positive results. I am proud of our team’s dedication and commitment throughout the transition and I look forward to building on this momentum into 2020. We also want to thank our shareholders for Show less Read more
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