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Article: PRG-Schultz Announces Third Quarter 2009 Financial Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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PRG-Schultz International, Inc. (Nasdaq: PRGX), the world's largest recovery audit firm, announced its unaudited financial results for the third quarter and nine months ended September 30, 2009. Third Quarter Results Net earnings for the 2009 third quarter were $6.4 million, or $0.27 per basic and diluted share, compared to net earnings of $4.2 million, or $0.19 per basic share and $0.18 per diluted share for the same period in 2008. The third quarter 2009 net earnings included before tax charges of $1.5 million related to stock-based compensation, $0.7 million of foreign currency gains on intercompany balances and a $2.8 million bargain purchase gain on the previously ...