Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

May 23, 2015 12:33 AM ET

Commercial Services and Supplies

Company Overview of Performant Financial Corporation

Company Overview

Performant Financial Corporation provides technology-enabled recovery and related analytics services in the United States. Its services help identify and recover delinquent or defaulted assets and improper payments for government and private clients in various markets. The company offers recovery services primarily to the government-supported student loan industry, including the Department of Education and various guaranty agencies, as well as private financial institutions; and audit and recovery services to identify improper healthcare payments for public and private healthcare markets. It also provides tax recovery services to state and municipal agencies, as well as financial institution...

333 North Canyons Parkway

Suite 100

Livermore, CA 94551

United States

Founded in 1976

1,484 Employees



Key Executives for Performant Financial Corporation

Chairwoman and Chief Executive Officer
Age: 49
Total Annual Compensation: $403.1K
Chief Financial Officer and Secretary
Age: 56
Total Annual Compensation: $320.0K
Chief Operating Officer
Age: 56
Total Annual Compensation: $352.7K
Compensation as of Fiscal Year 2014.

Performant Financial Corporation Key Developments

Performant Financial Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Performant Financial Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net loss of $4.4 million, resulting in a net loss per diluted share of $0.09, compared to net income of $6.3 million, or $0.13 per diluted share, in the prior year period. Adjusted net loss of $0.5 million, or $0.01 per diluted share, compared to adjusted net income of $7.6 million and $0.15 per diluted share, respectively, in the prior year period. Adjusted EBITDA of $4.1 million, compared to $17.4 million in the prior year period. Total revenues of $38.6 million, representing a year-over-year decrease of 34.2%. Net cash provided by operating activities was $1,523,000 against $14,275,000 a year ago. Purchase of property, equipment, and leasehold improvements was $1,777,000 against $2,752,000 a year ago. Loss before provision for income taxes was $6,745,000 against income before provision for (benefit from) income taxes of $10,868,000 a year ago.

Performant Financial Corporation

Performant Financial Corporation (NasdaqGS:PFMT) is seeking acquisitions. Lisa Im, Chief Executive Officer and Board Chair, said, "We're continuing to grow and our growth rate on healthcare is encouraging because again we're ramping up on many of these contracts, we're winning new contracts, we're also continuing to look at various different types of acquisitions and so an inorganic expansion is certainly not out of the picture. We're going to be very thoughtful and as we've stated in the past, make sure that it is good for shareholders. So, we're continuing to look at different ways that we can accelerate our growth in the market and expand our product services as well."

Performant Financial Corporation to Report Q1, 2015 Results on May 06, 2015

Performant Financial Corporation announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on May 06, 2015

Similar Private Companies By Industry

Company Name Region
D.R. Freed, Inc. United States
TriStar Graphics Group, Inc. United States
The Hana Group, Inc. United States
Premier Energy Corp. United States
Feingold & Feingold United States

Recent Private Companies Transactions

January 28, 2015
Premier Healthcare Exchange, Inc.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Performant Financial Corporation, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at