Spread | 0.07 | ||||
Long position overnight fee Long position overnight fee
Trade size with leverage ~ $5,000.00 Short position overnight fee ~ $4,000.00 | -0.026179% | ||||
Short position overnight fee Short position overnight fee
Trade size with leverage ~ $5,000.00 Short position overnight fee ~ $4,000.00 | 0.003957% | ||||
Overnight fee time | 21:00 (UTC) | ||||
Currency | USD | ||||
Min traded quantity | 1 | ||||
Margin | 20 | ||||
Stock exchange | United States of America | ||||
Commission on trade1 | 0% |
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information
Prev. Close | 2.8 |
Open | 2.8 |
1-Year Change | -10.54% |
Day's Range | 2.7 - 2.83 |
Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer services, and related analytics services in the United States. The Company's services identify and recover delinquent or defaulted assets and improper payments for both government and private clients in a range of markets. The Company provides its services on an outsourced basis where the Company handles many or all aspects of its clients' recovery processes. The Company uses its technology-enabled services platform to provide recovery and analytics services in a range of markets for the identification and recovery of improper healthcare payments, delinquent state and federal tax receivables, federal treasury receivables, and defaulted student loans. It provides recovery services to clients in federal guaranteed student loan program and private institutions. The Company provides audit and recovery services to identify improper healthcare payments for public and private healthcare clients.
BRIEF: For the fiscal year ended 31 December 2021, Performant Financial Corp revenues decreased 20% to $124.4M. Net loss decreased 26% to $10.3M. Revenues reflect Recovery segment decrease of 54% to $33.4M, Customer Care / Outsourced Services segment decrease of 3% to $13.5M. Lower net loss reflects Impairment of Goodwill decrease from $27M (expense) to $0K, Salaries and Benefits - Balancing value decrease of 16% to $82.7M (expense).
Common Stock $.0001 Par, Shares auth., and O/S after the offering: 500M auth., 45,148,986 issd. Insiders own aprrox. 1% (After the IPO) IPO: TBA