Performant Healthcare, Inc. – Common Stock (NASDAQ:PHLT) Issues Earnings Results

Performant Healthcare, Inc. – Common Stock (NASDAQ:PHLT) issued its quarterly earnings data on Wednesday. The company reported $0.02 earnings per share for the quarter, reports. Performant Healthcare, Inc. – Common Stock had a negative return on equity of 10.19% and a negative net margin of 6.74%. The company had revenue of $34.77 million for the quarter, compared to the consensus estimate of $34.15 million.

Performant Healthcare, Inc. – Common Stock Stock Performance

Shares of PHLT stock opened at $2.64 on Thursday. Performant Healthcare, Inc. – Common Stock has a fifty-two week low of $2.26 and a fifty-two week high of $4.35. The stock has a market capitalization of $206.69 million, a price-to-earnings ratio of -26.40 and a beta of 0.03. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.67 and a quick ratio of 2.67. The business’s 50-day simple moving average is $2.46.

Performant Healthcare, Inc. – Common Stock Company Profile

Performant Healthcare, Inc engages in the provision of technology-enabled audit, recovery, customer care, and related analytics services. Its services help identify improper payments, and in some markets, restructure and recover delinquent or defaulted assets and improper payments for both government and private clients.