Hudson Global Inc. (NASD: HSON), a New York-based professional staffing firm, announced  third-quarter revenue will remain flat year-over-year at $163 million, below the range of $165 million to $175 million announced in July’s second-quarter earnings report.

The company attributed the decrease primarily to slower progress than expected in its more challenged markets and softer exchange rates than the prevailing rates at the time of guidance.

Results in the Americas continued to lag with a 23 percent year-over-year gross margin decline. Hudson’s global RPO and Talent Management business lines grew by 27 and 28 percent respectively year-over-year in gross margin.

In the third quarter, Asia Pacific will report 15 percent gross margin growth on a year-over-year basis, helped by 27 percent growth in China, according to Hudson. Gross margin in the UK and Continental Europe remained largely flat despite strong performances in Belgium and Spain, with 15 percent and 31 percent year-over-year gross margin growth respectively. All growth rates are in constant currency.

Hudson confirmed progress toward a sale of its eDiscovery business during the quarter. It also ceased direct operations in Sweden, moving to a licensing agreement.

Hudson’s second-quarter revenue fell 2.3 percent to $167.4 million.