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Hudson: Q1 revenue to be up 5% to 8%

March 31 2010

The Hudson Highland Group Inc. (NASD: HHGP) expects first-quarter 2010 revenue to be up 5% to 8% over the first quarter of 2009, according to a filing with the U.S. Securities and Exchange Commission.

"We are seeing strong revenue recovery trends in the first quarter of 2010 in the United Kingdom and China and in the United States legal practice compared to the same period last year," according to Hudson.

The New York-based professional staffing firm said it expects first-quarter revenue to be in the range of $173 million to $179 million.

Hudson made the announcement as part of an offering of 4.2 million shares of common stock through which the company plans to raise $16.7 million for general corporate and working capital purposes.

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