Hudson Highland Group
Great People. Great Performance.
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Holding company (Public) |
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| Traded as | NASDAQ: HSON |
| Industry | Recruitment, Management consulting, Talent Management, Outsourcing |
| Founded | March 31, 2003 |
| Headquarters | New York, NY, United States |
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Area served
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Worldwide |
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Key people
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Stephen Nolan (CEO) |
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Number of employees
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2000 (2012) |
| Website | www.hudson.com |
Stephen Nolan (CEO)
Patrick Lyons (CFO)
Lori Hock,CEO, Americas
Alexis de Bretteville,CEO, Europe
Mark Steyn,CEO, Asia Pacific
Hudson Global Inc. (HSON) is a global talent solutions company headquartered in New York, NY. The company’s core service offerings include Permanent Recruitment, Temporary Contracting, Recruitment Process Outsourcing ("RPO") and Talent Management Solutions.
Hudson’s Q1 2017 financial results were as follows:
• Revenue of $103.4 million increased 2.2 percent from the first quarter of 2016 and increased 5.4 percent in constant currency.
• Gross margin of $42.4 million increased 2.8 percent from the first quarter of 2016 and increased 6.0 percent in constant currency.
• Net loss of $1.3 million, or $0.04 per basic and diluted share, compared with net loss of $3.5 million, or $0.10 per basic and diluted share, for the first quarter of 2016.
• Adjusted EBITDA (non-GAAP earnings before interest, income taxes, depreciation and amortization, non-operating income, goodwill and other impairment charges, business reorganization expenses, stock-based compensation expense and other expenses) of $0.4 million, compared with an adjusted EBITDA loss of $2.0 million in the first quarter of 2016.
Hudson Global, Inc. was originally spun off as Hudson Highland Group (NASDAQ : HHGP) on March 31, 2003, from the former eResourcing and Executive Search business units of TMP Worldwide Inc. - a human capital provider.
On April 26, 2012, Hudson announced a corporate name change to Hudson Global, Inc. and company's shares began trading in NASDAQ, under its new symbol "HSON" from April 30, 2012.
Hudson was founded in 2003 and was previously part of the TMP Worldwide Group. In 1999, TMP Worldwide Group engaged in an unprecedented period of strategic acquisition, buying 67 specialist recruitment companies worldwide to become one of the largest staffing companies in the world. The recruitment division of TMP Worldwide Group de-merged from the wider business on 1 April 2003 to form Hudson Global Resources, and on the 1 January 2004 Hudson Global Resources Ltd re-branded as Hudson to provide a single brand identity with which to approach the market. However the legacy of the business can be traced back to 1967.
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