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2.87
1.06%
  • Summary
  • Historical Data
  • Events
  • Income Statement
  • Balance Sheet
  • Cash Flow
  • Ownership
Trading Conditions
Spread 0.07
Long position overnight fee

Long position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.026207 %
Charges from full value of position ($-4.98)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
-0.026207%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee 0.003985 %
Charges from full value of position ($0.76)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
0.003985%
Overnight fee time 22:00 (UTC)
Min traded quantity 1
Currency USD
Margin 5%
Stock exchange United States of America
Commission on trade 0%

*Information provided by Capital.com

Performant Financial Corp ESG Risk Ratings

High Medium Low Negligible

‘D’ score indicates poor relative ESG performance and insufficient degree of transparency in reporting material ESG data publicly.

More ESG coverage

Key Stats
Prev. Close* 2.84
Open* 2.79
1-Year Change* 18.22%
Day's Range* 2.76 - 2.9
52 wk Range 2.00-3.97
Average Volume (10 days) 245.43K
Average Volume (3 months) 3.35M
Market Cap 221.40M
P/E Ratio -100.00K
Shares Outstanding 76.88M
Revenue 110.42M
EPS -0.12
Dividend (Yield %) N/A
Beta -0.15
Next Earnings Date Mar 12, 2024

All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Dec 8, 2023 2.87 0.08 2.87% 2.79 2.90 2.76
Dec 7, 2023 2.84 0.10 3.65% 2.74 2.88 2.74
Dec 6, 2023 2.82 -0.12 -4.08% 2.94 2.95 2.80
Dec 5, 2023 2.90 -0.04 -1.36% 2.94 2.97 2.88
Dec 4, 2023 2.95 -0.01 -0.34% 2.96 2.98 2.88
Dec 1, 2023 2.97 0.04 1.37% 2.93 3.00 2.90
Nov 30, 2023 2.94 0.12 4.26% 2.82 2.96 2.81
Nov 29, 2023 2.85 0.05 1.79% 2.80 2.91 2.80
Nov 28, 2023 2.86 0.02 0.70% 2.84 2.95 2.84
Nov 27, 2023 2.95 0.03 1.03% 2.92 2.96 2.87
Nov 24, 2023 2.91 0.05 1.75% 2.86 2.95 2.86
Nov 22, 2023 2.88 0.04 1.41% 2.84 2.96 2.83
Nov 21, 2023 2.84 0.03 1.07% 2.81 2.88 2.81
Nov 20, 2023 2.86 0.12 4.38% 2.74 2.90 2.74
Nov 17, 2023 2.83 0.07 2.54% 2.76 2.84 2.67
Nov 16, 2023 2.76 0.17 6.56% 2.59 2.77 2.59
Nov 15, 2023 2.63 -0.06 -2.23% 2.69 2.78 2.63
Nov 14, 2023 2.70 0.10 3.85% 2.60 2.79 2.60
Nov 13, 2023 2.57 -0.05 -1.91% 2.62 2.71 2.54
Nov 10, 2023 2.65 0.14 5.58% 2.51 2.68 2.45

Performant Events

Time (UTC) Country Event
Tuesday, March 12, 2024

Time (UTC)

10:59

Country

US

Event

Q4 2023 Performant Financial Corp Earnings Release
Q4 2023 Performant Financial Corp Earnings Release

Forecast

-

Previous

-
View all events
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Total revenue 109.184 124.393 155.937 150.432 155.668
Revenue 109.184 124.393 155.937 150.432 155.668
Total Operating Expense 116.084 125.709 169.902 170.081 157.465
Selling/General/Admin. Expenses, Total 85.038 85.28 100.654 115.194 96.144
Unusual Expense (Income) 0.274 2.796 27 7.2 2.988
Other Operating Expenses, Total 30.772 37.633 42.248 47.687 58.333
Operating Income -6.9 -1.316 -13.965 -19.649 -1.797
Interest Income (Expense), Net Non-Operating -1.007 -11.313 -7.206 -7.548 -4.671
Net Income Before Taxes -6.405 -10.226 -21.171 -27.197 -6.468
Net Income After Taxes -6.537 -10.288 -13.989 -26.82 -8.01
Net Income Before Extra. Items -6.537 -10.288 -13.989 -26.82 -8.01
Net Income -6.537 -10.288 -13.989 -26.82 -8.01
Income Available to Common Excl. Extra. Items -6.537 -10.288 -13.989 -26.82 -8.01
Income Available to Common Incl. Extra. Items -6.537 -10.288 -13.989 -26.82 -8.01
Diluted Net Income -6.537 -10.288 -13.989 -26.82 -8.01
Diluted Weighted Average Shares 72.937 60.461 54.414 53.468 52.064
Diluted EPS Excluding Extraordinary Items -0.08963 -0.17016 -0.25708 -0.50161 -0.15385
Diluted Normalized EPS -0.09716 -0.1401 0.07019 -0.39098 -0.11655
Other, Net 0.382 2.403
Gain (Loss) on Sale of Assets 1.12
Jun 2023 Mar 2023 Dec 2022 Sep 2022 Jun 2022
Total revenue 25.485 25.729 29.242 27.178 25.681
Revenue 25.485 25.729 29.242 27.178 25.681
Total Operating Expense 29.086 29.518 29.038 29.492 28.984
Selling/General/Admin. Expenses, Total 21.591 22.386 22.126 21.749 20.866
Unusual Expense (Income) 0.119 0.063 0.085 0.01 0.037
Other Operating Expenses, Total 7.376 7.069 6.827 7.733 8.081
Operating Income -3.601 -3.789 0.204 -2.314 -3.303
Interest Income (Expense), Net Non-Operating -0.351 -0.414 -0.359 -0.277 -0.216
Net Income Before Taxes -3.952 -4.2 -0.155 -1.471 -3.137
Net Income After Taxes -3.973 -4.221 -0.235 -1.46 -3.169
Net Income Before Extra. Items -3.973 -4.221 -0.235 -1.46 -3.169
Net Income -3.973 -4.221 -0.235 -1.46 -3.169
Income Available to Common Excl. Extra. Items -3.973 -4.221 -0.235 -1.46 -3.169
Income Available to Common Incl. Extra. Items -3.973 -4.221 -0.235 -1.46 -3.169
Diluted Net Income -3.973 -4.221 -0.235 -1.46 -3.169
Diluted Weighted Average Shares 75.752 75.505 74.308 74.021 73.502
Diluted EPS Excluding Extraordinary Items -0.05245 -0.0559 -0.00316 -0.01972 -0.04311
Dividends per Share - Common Stock Primary Issue 0 0 0 0
Diluted Normalized EPS -0.05143 -0.05536 -0.00242 -0.02947 -0.04279
Other, Net 0 0.003 0 0 0.382
Gain (Loss) on Sale of Assets 0 1.12
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Total Current Assets 57.507 54.707 54.52 36.997 31.753
Cash and Short Term Investments 23.384 17.347 16.043 3.373 5.462
Cash & Equivalents 23.384 17.347 16.043 3.373 5.462
Total Receivables, Net 30.377 32.08 32.44 28.673 21.058
Accounts Receivable - Trade, Net 27.254 28.921 27.682 28.509 20.879
Prepaid Expenses 3.665 3.077 3.784 3.329 3.42
Other Current Assets, Total 0.081 2.203 2.253 1.622 1.813
Total Assets 118.833 121.985 126.227 138.872 137.759
Property/Plant/Equipment, Total - Net 12.954 18.943 22.54 25.603 22.255
Property/Plant/Equipment, Total - Gross 85.842 93.196 100.857 102.224 95.01
Accumulated Depreciation, Total -72.888 -74.253 -78.317 -76.621 -72.755
Goodwill, Net 47.372 47.372 47.372 74.372 81.572
Intangibles, Net 0 0.689 0.925 1.16
Other Long Term Assets, Total 1 0.963 1.106 0.975 1.019
Total Current Liabilities 14.207 17.507 77.212 19.43 14.087
Accounts Payable 1.262 1.124 0.407 2.532 1.402
Accrued Expenses 8.166 10.338 11.126 8.901 5.759
Notes Payable/Short Term Debt 0 0 0 0 0
Current Port. of LT Debt/Capital Leases 0.983 0.489 59.957 3.32 2.224
Other Current Liabilities, Total 3.796 5.556 5.722 4.677 4.702
Total Liabilities 34.348 39.562 84.247 85.247 60.533
Total Long Term Debt 18.184 19.084 0 58.562 41.105
Long Term Debt 18.184 19.084 0 58.562 41.105
Deferred Income Tax 0.035 0.022
Other Liabilities, Total 1.957 2.971 7.035 7.22 5.319
Total Equity 84.485 82.423 41.98 53.625 77.226
Common Stock 0.007 0.007 0.005 0.005 0.005
Additional Paid-In Capital 142.261 133.662 82.933 80.589 77.37
Retained Earnings (Accumulated Deficit) -57.783 -51.246 -40.958 -26.969 -0.149
Total Liabilities & Shareholders’ Equity 118.833 121.985 126.227 138.872 137.759
Total Common Shares Outstanding 75.505 69.281 54.764 53.9 52.999
Sep 2023 Jun 2023 Mar 2023 Dec 2022 Sep 2022
Total Current Assets 41.988 40.958 43.751 57.507 56.863
Cash and Short Term Investments 17.308 14.982 12.335 23.384 25.591
Cash & Equivalents 17.308 14.982 12.335 23.384 25.591
Total Receivables, Net 21.495 22.913 27.712 30.377 28.796
Accounts Receivable - Trade, Net 20.979 19.737 24.629 27.254 25.585
Prepaid Expenses 3.104 2.982 3.623 3.665 2.395
Other Current Assets, Total 0.081 0.081 0.081 0.081 0.081
Total Assets 100.71 100.595 103.638 118.833 118.28
Property/Plant/Equipment, Total - Net 10.436 11.29 11.321 12.954 13.075
Property/Plant/Equipment, Total - Gross 85.044 86.251 85.319 85.842 85.084
Accumulated Depreciation, Total -74.608 -74.961 -73.998 -72.888 -72.009
Goodwill, Net 47.372 47.372 47.372 47.372 47.372
Intangibles, Net
Other Long Term Assets, Total 0.914 0.975 1.194 1 0.97
Total Current Liabilities 12.073 12.054 11.484 14.207 13.462
Accounts Payable 0.872 1.195 0.971 1.262 0.785
Accrued Expenses 5.976 6.583 6.441 8.166 7.835
Notes Payable/Short Term Debt 0 0 0 0 0
Current Port. of LT Debt/Capital Leases 1.672 1.437 1.192 0.983 0.859
Other Current Liabilities, Total 3.553 2.839 2.88 3.796 3.983
Total Liabilities 22.379 22.675 22.576 34.348 34.384
Total Long Term Debt 9.077 9.579 10.016 18.184 18.409
Other Liabilities, Total 1.229 1.042 1.076 1.957 2.513
Total Equity 78.331 77.92 81.062 84.485 83.896
Common Stock 0.008 0.007 0.007 0.007 0.007
Additional Paid-In Capital 144.88 143.89 143.059 142.261 141.437
Retained Earnings (Accumulated Deficit) -66.557 -65.977 -62.004 -57.783 -57.548
Total Liabilities & Shareholders’ Equity 100.71 100.595 103.638 118.833 118.28
Total Common Shares Outstanding 76.875 76.088 75.505 75.505 74.212
Long Term Debt 9.077 9.579 10.016 18.184 18.409
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Net income/Starting Line -6.537 -10.288 -13.989 -26.82 -8.01
Cash From Operating Activities -2.877 0.916 20.809 -15.423 -12.149
Cash From Operating Activities 4.524 5.188 5.216 8.536 10.234
Deferred Taxes 0.013 0.49
Non-Cash Items 2.848 9.724 32.616 12.07 -12.667
Cash Taxes Paid 0.25 -0.589 -2.257 -0.202 -6.228
Cash Interest Paid 0.702 4.31 5.702 6.304 3.477
Changes in Working Capital -3.712 -3.708 -3.034 -9.222 -2.196
Cash From Investing Activities 1.731 -0.27 -3.792 -4.856 -5.36
Capital Expenditures -3.585 -3.416 -3.792 -4.856 -7.645
Other Investing Cash Flow Items, Total 5.316 3.146 0 2.285
Cash From Financing Activities 5.061 0.608 -3.716 17.999 1.297
Financing Cash Flow Items -0.002 41.43 -0.266 -0.547 -0.69
Issuance (Retirement) of Stock, Net 5.563 0.041 0 0.034 0.187
Issuance (Retirement) of Debt, Net -0.5 -40.863 -3.45 18.512 1.8
Foreign Exchange Effects 0 -0.032
Net Change in Cash 3.915 1.254 13.301 -2.28 -16.244
Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022
Net income/Starting Line -4.221 -6.537 -6.302 -4.842 -1.673
Cash From Operating Activities -2.149 -2.877 -2.182 -5.478 -4.651
Cash From Operating Activities 1.247 4.524 3.355 2.26 1.102
Non-Cash Items 2.125 2.848 1.662 1.52 1.04
Cash Taxes Paid 0.005 0.25 0.267 0.238 0.001
Cash Interest Paid 0.582 0.702 0.449 0.244 0.176
Changes in Working Capital -1.3 -3.712 -0.897 -4.416 -5.12
Cash From Investing Activities -0.906 1.731 3.118 -1.207 -0.7
Capital Expenditures -0.909 -3.585 -2.198 -1.589 -0.7
Cash From Financing Activities -7.994 5.061 5.186 5.311 5.436
Financing Cash Flow Items -0.244 -0.002 -0.002 -0.002 -0.002
Issuance (Retirement) of Debt, Net -7.75 -0.5 -0.375 -0.25 -0.125
Net Change in Cash -11.049 3.915 6.122 -1.374 0.085
Other Investing Cash Flow Items, Total 0.003 5.316 5.316 0.382
Issuance (Retirement) of Stock, Net 0 5.563 5.563 5.563 5.563
Investor Name Investor Type Percent Outstanding Shares Held Shares change Holdings Date Turnover Rating
Prescott Group Capital Management, LLC Hedge Fund 20.7566 15793291 30000 2023-06-30 MED
First Light Asset Management, LLC Investment Advisor/Hedge Fund 12.1565 9249683 1038984 2023-06-30 LOW
Parthenon DCS Holdings, L.L.C. Corporation 5.9321 4513625 -1217349 2022-12-31
BlackRock Institutional Trust Company, N.A. Investment Advisor 4.9555 3770588 3228437 2023-06-30 LOW
The Vanguard Group, Inc. Investment Advisor/Hedge Fund 4.6072 3505508 322929 2023-06-30 LOW
Mill Road Capital Management LLC Private Equity 4.2867 3261675 0 2023-06-30 LOW
Punch & Associates Investment Management, Inc. Investment Advisor/Hedge Fund 3.5898 2731405 151305 2023-09-30 LOW
Mirador Capital Partners LP Investment Advisor 2.2001 1674051 152527 2023-09-30 LOW
Ecmc Group Inc Corporation 2.1997 1673704 -1643965 2022-12-31
Driehaus Capital Management, LLC Investment Advisor/Hedge Fund 2.0504 1560113 31732 2023-06-30 MED
First Eagle Investment Management, L.L.C. Investment Advisor/Hedge Fund 1.9575 1489400 377880 2023-06-30 LOW
Parkman Healthcare Partners LLC Hedge Fund 1.901 1446415 -107460 2023-06-30
Im (Lisa C) Individual Investor 1.8616 1416434 0 2023-04-20
Geode Capital Management, L.L.C. Investment Advisor/Hedge Fund 1.6819 1279710 681389 2023-06-30 LOW
State Street Global Advisors (US) Investment Advisor/Hedge Fund 1.3247 1007934 789818 2023-06-30 LOW
Renaissance Technologies LLC Hedge Fund 1.1085 843463 -8800 2023-06-30 HIGH
Essex Investment Management Company, LLC Investment Advisor/Hedge Fund 0.8262 628614 74538 2023-06-30 LOW
Leach (Harold T Jr.) Individual Investor 0.6971 530404 38750 2023-04-20
Formula Growth Ltd. Investment Advisor/Hedge Fund 0.6834 520000 0 2023-06-30
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund 0.6657 506493 50423 2023-06-30 LOW

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Performant Company profile

About Performant Financial Corp

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.

Financial summary

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).

Equity composition

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

Industry: Business Support Services (NEC)

333 North Canyons Parkway
LIVERMORE
CALIFORNIA 94551
US

Income Statement

  • Annual
  • Quarterly

News

December RBA preview: no move expected at the final meeting of 2023

The RBA meets on Tuesday, 5th of December, 2023, at 2.30 PM (AEDT). We preview what to expect from this month’s decision.

14:47, 4 December 2023

CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs

CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs

12:39, 30 November 2023

Euro Zone CPI expected to continue dropping; economists warn about cutting too soon

EZ PI expected to drop further but speed of decline

08:16, 29 November 2023

A weaker Dollar drives gold higher

Gold prices have returned above $US2000 per ounce. We run through the factors driving gold and the commodity’s key technicals.

13:49, 28 November 2023

Q3 US Earnings Recap: Profits surprise to the upside, but outlook remains uncertain

US earnings for the third quarter were far better than expected. However, uncertainty about the outlook for company profits continues. We review the quarterly earnings and look ahead to what the markets expect from S&P 500 companies going forward.

13:20, 28 November 2023

RBNZ Preview: Rates expected to remain unchanged at final meeting of 2023

The RBNZ meets for the final time this year on Wednesday, 29th of November, 2023. We preview what to expect and how it could impact the New Zealand Dollar.

13:04, 28 November 2023

Crude prices slide on OPEC+ uncertainty

Crude prices have chopped sideways amid signs of turmoil within OPEC+. We look at the fundamentals of the oil market and the technical levels of WTI.

12:55, 28 November 2023

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