Hudson Global Posts Small Decline in Q2 Revenues

August 5, 2014 – Hudson Global/(NASDAQ:HSON) has posted second quarter 2014 revenues of $167.4 million, down 2.3 percent from $171.4 million the same period the prior year. The company recorded a net loss of$4.4 million, or $0.13 per basic and diluted share, compared with net loss of $4.5 million, or $0.14 per basic and diluted share, for the second quarter of 2013. “We delivered gross margin growth in our major markets and continued to make substantial improvements to our bottom line,” said Manolo Marquez, chairman and chief executive officer. “Our second quarter results are a clear indication that the changes we have put in place are translating to growth and improved financial performance, and will accelerate our path to sustained profitability.” Hudson is a global talent solutions company with expertise in leadership and specialized recruitment, contracting solutions, recruitment process outsourcing, and talent management.