Benzinga | May 13, 2021 04:57PM EDT

Performant Financial Q1 Adj. EPS $(0.05) Down From $0.04 YoY, Sales $31.40M Miss $44.80M Estimate

Performant Financial (NASDAQ:PFMT) reported quarterly losses of $(0.05) per share. This is a 225 percent decrease over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $31.40 million which missed the analyst consensus estimate of $44.80 million by 29.91 percent. This is a 31.57 percent decrease over sales of $45.89 million the same period last year.