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Performant Healthcare, Inc. beat revenue expectations but reported negative margins and a fluctuating stock price.
Performant Healthcare, Inc. (PHLT) reported earnings of $0.02 per share and revenue of $34.77 million, beating analysts' expectations of $34.15 million.
Despite the revenue success, the company showed a negative net margin of 6.74% and a negative return on equity of 10.19%.
The stock price ranged between $2.26 and $4.35 over the past year.
Performant provides technology-enabled services for audits and customer care to government and private clients.
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Performant Healthcare, Inc. venció las expectativas de ingresos, pero reportó márgenes negativos y un fluctuante precio de acciones.