The highly anticipated financial results for the third quarter of Performant Financial Corporation (NASDAQ: PFMT) are scheduled to be disclosed on Wednesday 6th November 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
As per the predictions of financial analysts on Wall Street, the establishment is set to report an estimated per share $0.03 loss for the third quarter. Additionally, the company is projected to unveil a revenue of $31.59 million for the period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.01. This notable figure was achieved due to the company's impressive total revenue of $29.96 million recorded during that specific period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $125.87 million. At the same time, the earnings per share for the company are also anticipated to reach loss of $0.11 during the fiscal year.
PFMT will host a conference call with investment community on 6th November 2024 at 05:00 PM eastern time to discuss the financial results.
Performant Financial Corporation (PFMT) shares experienced a range of $3.89 to $3.97 on a day volume of 224.00 thousand shares. The stock closed Friday's regular trading session at $3.96, showing a 1.80 percent advance.
