Hudson Global Inc. (NASD: HSON) reported fourth-quarter revenue increased 16.4% in constant currency — the increase was 21.2% on a reported basis. Net loss increased to $2.0 million from $292,000 based on the same quarter last year at the New York-based staffing, consulting and recruitment process outsourcing provider, but included goodwill impairment in China of $1.9 million.

Hudson announced in December that it entered into agreements to sell its recruitment and talent management operations in Europe and Asia Pacific to strategic buyers in three transactions. Hudson intends to focus on growing its global RPO (Recruitment Process Outsourcing) business going forward.

Revenue by geography was broken down as follows.

“We delivered solid gross margin growth in the fourth quarter, with growth in every product line, including permanent recruitment, temporary contracting, recruitment process outsourcing and talent management,” CEO Stephen Nolan said.

Full-year results were as follows.

In trading yesterday, Hudson Global shares closed at $1.96, no change on the previous day and 19.67% below its 52-week high of 2.44, set on 19 January 2018. Based on its current share price the company has a market value of $61.28 million.