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Last $3.61 USD
Change Today -0.08 / -2.17%
Volume 96.0K
PRGX On Other Exchanges
Symbol
Exchange
Frankfurt
As of 4:30 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

prgx global inc (PRGX) Snapshot

Open
$3.67
Previous Close
$3.69
Day High
$3.72
Day Low
$3.57
52 Week High
09/2/14 - $6.37
52 Week Low
08/25/15 - $3.35
Market Cap
87.1M
Average Volume 10 Days
95.8K
EPS TTM
$-0.09
Shares Outstanding
24.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PRGX GLOBAL INC (PRGX)

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prgx global inc (PRGX) Details

PRGX Global, Inc., together with its subsidiaries, provides recovery audit services to businesses and government agencies having payment transactions and procurement environments in the United States, Canada, Latin America, Europe, Asia, and the Pacific region. The company operates through four segments: Recovery Audit Services–Americas, Recovery Audit Services–Europe/Asia-Pacific, Adjacent Services, and Healthcare Claims Recovery Audit Services. The company’s recovery audit services are based on the mining of clients’ purchasing data for overpayments to the third-party suppliers; and healthcare claims recovery audit services include the identification of overpayments and underpayments made to healthcare providers, such as hospitals and physicians’ practices. It also offers adjacent recovery services comprising data transformation, data analytics, and associated advisory services. The company serves retailers, such as discount, department, specialty, grocery, and drug stores, as well as wholesalers; business enterprises, including manufacturers, financial services firms, and pharmaceutical companies; private sector health insurance companies, as well as state and federal government payers, such as the Centers for Medicare and Medicaid Services; and federal and state government agencies. PRGX Global, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.

1,500 Employees
Last Reported Date: 03/13/15
Founded in 1990

prgx global inc (PRGX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $515.0K
Chief Financial Officer and Treasurer
Total Annual Compensation: $88.8K
Senior Vice President of Global Client Operat...
Total Annual Compensation: $317.2K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $281.3K
Chief Strategy Officer and Senior Vice Presid...
Total Annual Compensation: $239.3K
Compensation as of Fiscal Year 2014.

prgx global inc (PRGX) Key Developments

PRGX Global, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

PRGX Global, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (Adjusted EBITDA) was $5.6 million, or 14.9% of revenue, compared to Adjusted EBITDA of $3.8 million, or 9.0% of revenue, in the second quarter 2014. This represents a 65.6% year-over-year improvement in quarterly Adjusted EBITDA as a percentage of revenue. Consolidated revenue for the second quarter of 2015 was $37.3 million, compared to $42.0 million for the same period last year, a decrease of 11.2%. Adjusted for changes in foreign exchange rates, consolidated second quarter 2015 revenue decreased 5.3% compared to the same period in 2014. Consolidated net income for the second quarter of 2015 was $1.1 million, or $0.04 per basic and diluted share, compared to a net loss of $1.5 million, or $0.05 per basic and diluted share, for the same period in 2014. Included in the second quarter 2015 net income is $0.4 million of foreign currency transaction gains on intercompany balances, compared to $0.2 million for the same period in 2014. Net cash provided by operating activities for the second quarter of 2015 was $2.1 million, compared to $2.9 million in the second quarter of the prior year. Income before income taxes was $1,393,000 compared to loss before income taxes of $1,282,000 a year ago. EBITDA was $3,398,000 compared to $1,163,000 a year ago. EBIT was $1,340,000 compared to LBIT of $1,325,000 a year ago. Purchases of property and equipment, net of disposals were $1,081,000 compared to $1,489,000 a year ago. For the six months, the company reported Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (Adjusted EBITDA) for the six months ended June 30, 2015 was $8.0 million, or 11.4% of revenue, compared to Adjusted EBITDA of $4.3 million, or 5.4% of revenue, in the same period in the prior year. This represents a 111.1% year-over-year improvement in six month Adjusted EBITDA as a percentage of revenue. Consolidated revenue for the six months ended June 30, 2015 was $70.4 million, compared to $79.9 million for the same period last year, a decrease of 11.8%. Adjusted for changes in foreign exchange rates, consolidated revenue for the six months ended June 30, 2015 decreased 6.5% compared to the same period in 2014. Consolidated net loss for the six months ended June 30, 2015 was $1.9 million, or $0.07 per basic share and diluted share, compared to a net loss of $5.1 million, or $0.17 per basic and diluted share, for the same period in 2014. Included in the net loss for the six months ended June 30, 2015 is $1.3 million of foreign currency transaction losses on intercompany balances, compared to $0.1 million of foreign currency transaction gains on intercompany balances for the same period in 2014. Net cash provided by operating activities for the six months ended June 30, 2015 was $7.5 million, compared to $5.8 million in the same period in the prior year. Loss before income taxes was $1,110,000 compared to $4,843,000 a year ago. EBITDA was $2,891,000 compared to $241,000 a year ago. LBIT was $1,205,000 compared to $4,832,000 a year ago. Purchases of property and equipment, net of disposals were $2,197,000 compared to $2,333,000 a year ago.

PRGX Global, Inc. to Report Q2, 2015 Results on Jul 28, 2015

PRGX Global, Inc. announced that they will report Q2, 2015 results at 7:00 AM, US Eastern Standard Time on Jul 28, 2015

PRGX Global, Inc., Q2 2015 Earnings Call, Jul 28, 2015

PRGX Global, Inc., Q2 2015 Earnings Call, Jul 28, 2015

 

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PRGX

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Valuation PRGX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book 1.5x
Price/Cash Flow 19.7x
TEV/Sales 0.4x
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