Brief: Performant Financial Corp Posts Q1 Loss Per Share Of $0.23

Performant Healthcare

19/05/2020 21:47

May 19 (Reuters) - Performant Financial Corp  PFMT.O :
    * ORATION ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2020
    * Q1 ADJUSTED EARNINGS PER SHARE $0.04
    * Q1 LOSS PER SHARE $0.23
    * Q1 REVENUE ROSE 31.5 PERCENT TO $45.9 MILLION
    * RECORDED A NON-CASH IMPAIRMENT TO GOODWILL OF $19.0
MILLION AS
OF MARCH 31, 2020
    * PERFORMANT FINANCIAL - AS OF MARCH 31, 2020, HAD CASH,
CASH
EQUIVALENTS AND RESTRICTED CASH OF APPROXIMATELY $10.2 MILLION
    * MADE DECISION TO WITHDRAW FUTURE GUIDANCE

Source text for Eikon:  ID:nGNX8B9yDN 
Further company coverage:  PFMT.O 

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