Hudson Global Inc. (NASDAQ: HSON), a provider of recruitment process outsourcing, announced today that it expects its business to be impacted by Covid-19 but said it is closely monitoring the situation. Hudson, based in Old Greenwich, Connecticut, also reported it plans to release fourth-quarter earnings by March 30.

“Our team is constantly assessing global developments, but the rapidly changing situation creates a lack of visibility currently and makes it difficult to evaluate the virus’s impact on our clients and our business with any certainty at this time,” CEO Jeff Eberwein said in a statement.

Eberwein noted that Hudson RPO’s China business experienced a significant decline in activity in February and the early part of this month, but it’s beginning to recover as clients and employees return to work. Operations in China represent less than 5% of the company’s total revenue.

“We are taking a balanced approach to this situation and our priority is the well-being and safety of our clients and employees in all our markets,” Eberwein said. “We believe the long-term fundamentals of our business are strong, and we remain committed, as always, to maximizing shareholder value over the long term.”