Performant Financial Corporation (PFMT) |
|
Price: $2.8900
$0.00
0.000%
|
Day's High:
| $2.95
| Week Perf:
| -1.03 %
|
Day's Low: |
$ 2.83 |
30 Day Perf: |
31.36 % |
Volume (M): |
92 |
52 Wk High: |
$ 3.97 |
Volume (M$): |
$ 264 |
52 Wk Avg: |
$2.81 |
Open: |
$2.93 |
52 Wk Low: |
$2.00 |
|
|
Market Capitalization (Millions $) |
221 |
Shares
Outstanding (Millions) |
76 |
Employees |
276 |
Revenues (TTM) (Millions $) |
110 |
Net Income (TTM) (Millions $) |
-9 |
Cash Flow (TTM) (Millions $) |
-8 |
Capital Exp. (TTM) (Millions $) |
4 |
Performant Financial Corporation
Performant Financial Corporation is a publicly traded company that offers technology-enabled recovery and related analytics services to both government and commercial clients in the United States. The company was founded in 1976 and is headquartered in Livermore, California.
The primary focus of Performant Financial Corporation is to help its clients optimize their financial performance by reducing costs, improving efficiency, and increasing revenue. This is achieved through a variety of services including debt recovery, audit and recovery services, data analytics, compliance consulting, and healthcare revenue cycle management.
The company has developed proprietary technology and analytics tools that it uses to identify and recover payments that clients are rightfully owed, but may have been overlooked or lost in various processes. Performant Financial's clients include federal, state, and municipal government agencies, as well as commercial clients such as healthcare providers, financial services companies, and schools.
Performant Financial Corporation also offers a range of back-end support services for its clients, such as outsourced customer service, data entry, and call center operations. This allows clients to shift their focus away from tedious administrative tasks and instead concentrate on their core business activities.
The company's approach to business is driven by a commitment to compliance with all applicable laws and regulations, while maintaining transparency in all its relationships. Performant Financial Corporation has been recognized for this commitment through various industry awards and accolades, including recognition from Ernst & Young as the 'Entrepreneur of the Year' for the San Francisco Bay Area in 2012.
Overall, Performant Financial Corporation has demonstrated strong financial performance and consistent growth over the years, with a market capitalization of over $160 million (as of October 2021) and a workforce of over 1,700 employees. It remains focused on delivering value to its clients and shareholders by leveraging its expertise in technology, analytics, and compliance.
Company Address: 900 South Pine Island Road, Plantation 33324 FL
Company Phone Number: 960-4800 Stock Exchange / Ticker: NASDAQ PFMT
PFMT is expected to report next financial results on March 15, 2024. |
|
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Digital Brand Media And Marketing Group Inc
Digital Brand Media And Marketing Group Inc (DBMM) has shown strong performance in the June to August 31, 2023 fiscal period, with balanced books compared to the prior year. This is an improvement from the previous quarter, where revenue was $0.09 million, up 45.053% from $0.06 million in the same quarter a year ago. However, there has been a -10.364% sequential deterioration in revenue from $0.10 million. What sets DBMM apart from its sector contemporaries is its impressive top-line growth. While the Professional Services sector has seen a 6.70% revenue increase during the same period, DBMM has outpaced this with its 45.053% growth. This is a positive sign for investors, indicating the company's ability to generate revenue in a competitive market.
|
Asiafin Holdings Corp
As a financial analyst at , I am always on the lookout for interesting developments in the corporate world. Recently, the financial results of Asiafin Holdings Corp (ASFH) for the fiscal period closing on September 30, 2023 caught my attention. While the company reported revenue of $0.695145 million, there were a few notable trends and figures that deserve closer examination. Firstly, it is important to highlight that ASFH experienced a net deficit of $-0.075 million for the same period, which is significantly greater than the $-0.011 million reported the previous year. This decline in profitability raises concerns about the company's ability to generate sustainable revenues and control expenses effectively.
|
Nogin Inc
In the ever-evolving world of the stock market, companies constantly face various challenges and setbacks. However, despite the financial third-quarter results of Nogin Inc, there are promising signs that indicate future growth and success. With improvements in revenue, reduced deficits, and positive inventory trends, Nogin Inc is primed for a rebound and a solid performance in the coming months. Deficit Reduction and Revenue Improvement: Comparing the financial third quarter of 2023 with the previous year, Nogin Inc witnessed a rise in its deficit per share. However, it is essential to note that this increase was lower than expected, indicating progress. Furthermore, the deficit also improved from the previous reporting period, demonstrating the company's determination to enhance its financial standing.
|
I3 Verticals Inc
Over the course of the last five trading days, I3 Verticals Inc stock has experienced a 1.43% increase. While this may seem like a positive development, it should be noted that the stock's year-to-date performance remains at a disappointing -15.89%. Additionally, the stock currently trades only 15.2% above its 52-week low, indicating potential weakness in its value. However, there is some promising news for I3 Verticals Inc in its financial performance for the July to September 30, 2023 time-frame. During this period, the company saw a significant turnaround, reporting earnings per share (EPS) of $0.09. This is a considerable improvement compared to the previous year, where EPS was at $-0.15. Furthermore, the company's revenue also showed growth, increasing by 13.087% to $96.41 million.
|
Igen Networks Corp
Igen Networks Corp, a company in the professional services industry, recently released its financial results for the July to September 30, 2023 fiscal span. The report revealed a worrying decline in revenue and inventories, raising concerns about the company's future prospects. This article will interpret the financial results and explore their potential impact on Igen Networks Corp. Revenue Decline and Industry Comparison: During the July to September 30, 2023 fiscal span, Igen Networks Corp witnessed a significant drop in revenue, declining by -63.622% to $0.05 million compared to $0.13 million in the same period the previous year. Furthermore, revenue only increased by 32.151% sequentially, reaching $0.04 million. This sharp decrease in revenue stands in contrast to the average trend observed in the professional services industry, which experienced a revenue rise during the same period.
|
Per Share |
Current |
Earnings (TTM) |
-0.12 $ |
Revenues (TTM) |
1.44 $
|
Cash Flow (TTM) |
- |
Cash |
0.23 $
|
Book Value |
1.02 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-0.12 $
|
Revenues (TTM) |
1.44 $ |
Cash Flow (TTM) |
- |
Cash |
0.23 $
|
Book Value |
1.02 $ |
Dividend (TTM) |
0 $ |
|
|
|
|