A Sneak Peek At PRGX Global, Inc. ($PRGX) 3Q20 Earnings

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PRGX Global, Inc. (NASDAQ:PRGX) is expected to report third quarter earnings results, after market close, on Tuesday 27th October 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.06 per share.

Looking ahead, the full year income are expected at $ 0.12 per share on the revenues of $ 162.13 million.

Previous Quarter Performance

PRGX Global, Inc. disclosed income for the second quarter of $ 0.02 per share, from the revenue of $ 39.01 million. According to street consensus, PRGX was expected to report 2Q20 loss of $ 0.02 per share from revenue of $ 37.15 million. The bottom line results beat street analysts by $ 0.04 or 200.00 percent, at the same time, top line results outshined analysts by $ 1.86 million or 5.01 percent.

Stock Performance

Shares of PRGX Global, Inc. traded low $ -0.24 or -4.57 percent on Friday, reaching $ 5.01 with volume of 6.50 thousand shares. PRGX Global, Inc. has traded high as $ 5.23 and has cracked $ 4.97 on the downward trend

According to the previous trading day, closing price of $ 5.01, representing a 196.61 % increase from the 52 week low of $ 1.77 and a 14.08 % decrease over the 52 week high of $ 6.11.

The company has a market capital of $ 118.30 million and is part of the Industrials sector and Business Services industry.

Conference Call

PRGX Global, Inc. will be hosting a conference call at 5:00 PM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.prgx.com

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.