Hudson Global ( (HSON) ) has released its Q1 earnings. Here is a breakdown of the information Hudson Global presented to its investors.
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Hudson Global, Inc. is a prominent provider of total talent solutions, specializing in recruitment process outsourcing (RPO) across the globe. The company is recognized for its consultative approach, delivering tailored talent solutions to meet strategic growth initiatives for organizations worldwide.
In the first quarter of 2025, Hudson Global reported a revenue of $31.9 million, marking a 6% decline from the previous year. Despite the decrease in revenue, the company showed improvement in its adjusted net revenue, which increased by 0.4% to $16.4 million. The net loss for the quarter was reduced to $1.8 million compared to a $2.9 million loss in the same period last year.
Key financial metrics highlighted a decrease in adjusted EBITDA loss to $0.7 million from $1.5 million in the first quarter of 2024. The Americas region saw a 15% increase in revenue, while Asia Pacific and EMEA experienced declines. Notably, the Asia Pacific region achieved a 14% increase in adjusted net revenue. The company ended the quarter with $17.2 million in cash, reflecting a more efficient cash flow management compared to the previous year.
Strategic initiatives included the launch of a new Digital Division and the continuation of the ‘Land and Expand’ strategy, aimed at enhancing geographic reach and service offerings. The company also made several strategic hires to strengthen its position in the market.
Looking ahead, Hudson Global’s management remains optimistic about future growth, despite the uncertain talent environment influenced by macroeconomic conditions. The company is confident in its strategic positioning and expects its RPO division to outperform its peers in the coming periods.