Daily NewsView All News
The Hudson Highland Group Inc. (NASD: HHGP) posted a 3.0% increase in second-quarter revenue to $305.9 million from $297.0 million in the same period last year.
"Second quarter operating results were led by our international operations and continuing improvement in
Hudson Americas revenue rose 1.0% to $71.5 million. And Hudson Asia Pacific revenue increased 11.6% to $117.6 million. Hudson Europe, however, posted a 3.3% year-over-year decrease in revenue to $116.8 million.
The company said it closed the sale of the public management portion of its Balance division on May 1 and recorded a gain of $2.8 million. Balance provides contractors with medical expertise. In addition,
Second-quarter gross margin improved to 44.9% year-over-year from 43.7%.
It estimated third-quarter revenue of between $290 million to $305 million.
Hudson Highland Group Inc. (NASD: HHGP)
For the second quarter ended June 30, 2008, compared with the same period in 2007.
Revenue: $305.9 million, +3.0%
Net income: $5.0 million vs. net loss of $618,000