Hudson Global Posts 17 Percent Revenue Dip

August 1, 2012 – Hudson Global/(NASDAQ:HSON) has posted second quarter 2012 revenues of $204.8 million, a decrease of 17.2 percent from the second quarter of 2011. The company recorded net income of $0.4 million, or $0.01 per basic and diluted share, compared with net income of $4.2 million, or $0.13 per basic and diluted share, a year ago. “Our second quarter performance continued to be challenged by deteriorating global economic conditions,” said Manuel Marquez, chairman and chief executive officer. “During the quarter, we took substantive actions to accelerate our strategic transformation and better navigate the economic environment we face today.”

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