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Performant Financial: 2Q Earnings Snapshot

LIVERMORE, Calif. (AP) _ Performant Financial Corp. (PFMT) on Tuesday reported a loss of $6.4 million in its second quarter.

The Livermore, California-based company said it had a loss of 12 cents per share.

The provider of audit and recovery services posted revenue of $35.8 million in the period.

Performant Financial expects full-year revenue in the range of $158 million to $168 million.

In the final minutes of trading on Tuesday, the company's shares hit $1.14. A year ago, they were trading at $2.11.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PFMT at https://www.zacks.com/ap/PFMT