UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 11, 2015
HUDSON GLOBAL, INC.
(Exact name of registrant as specified in charter)
Delaware | 000-50129 | 59-3547281 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
560 Lexington Avenue
New York, NY 10022
(Address of Principal Executive Offices)
Registrant's telephone number, including area code (212) 351-7300
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c) |
ITEM 2.02. | RESULTS OF OPERATIONS AND FINANCIAL CONDITION |
On February 11, 2015, Hudson Global, Inc. (the “Company”) issued a press release announcing its will issue its fourth quarter and full-year financial results for the period ended December 31, 2014 at 7:00 a.m. ET on Thursday, February 26, 2015 and conduct a quarterly earnings webcast the same day at 10:00 a.m. ET during which the Company will review its results, market trends and outlook. In such press release, the Company confirmed that its fourth quarter revenue and adjusted EBITDA results were consistent with the guidance ranges provided in its November 10, 2014 earnings release. The Company also noted that it achieved positive cash flow from operations in the fourth quarter and ended 2014 with no borrowings on its credit facilities and $34 million in cash. A copy of such press release is furnished as Exhibit 99.1.
ITEM 9.01. | FINANCIAL STATEMENTS AND EXHIBITS. |
(a) Financial Statements.
None.
(b) Pro Forma Financial Information.
None.
(c) Shell Company Transactions
None.
(d) Exhibits
99.1 Press Release of Hudson Global, Inc. issued on February 11, 2015.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
HUDSON GLOBAL, INC. (Registrant) | ||
By: | /s/ STEPHEN A. NOLAN | |
Stephen A. Nolan | ||
Executive Vice President and Chief Financial Officer | ||
Date: | February 11, 2015 | |
Hudson Global, Inc.
Current Report on Form 8-K
Exhibit Index
Exhibit Number | Description | |
99.1 | Press Release, dated February 11, 2015 regarding the Company's fourth quarter of 2014 earnings release announcement | |
Exhibit 99.1
For Immediate Release Contact: David F. Kirby
Hudson
212-351-7216
david.kirby@hudson.com
Hudson Global Schedules Conference Call and Webcast, Confirms Guidance Range
NEW YORK, NY - February 11, 2015 - Hudson Global, Inc. (Nasdaq: HSON), a leading global talent solutions company, will issue its fourth quarter and full-year financial results for the period ended December 31, 2014 at 7 a.m. ET on Thursday, February 26, 2015.
Hudson confirms that both its fourth quarter revenue and adjusted EBITDA are within the guidance ranges provided in its November 10, 2014 earnings release. The company also achieved positive cash flow from operations in the fourth quarter. The company ended the year with no borrowings on its credit facilities and $34 million in cash.
The company will host an analyst conference call to review its results, market trends and outlook at 10 a.m. ET the same day. The call will be webcast live on the investor relations section of the company’s web site, Hudson.com. The archived call will be available on the investor relations section of the company's web site, Hudson.com.
About Hudson
Hudson is a global talent solutions company with expertise in leadership and specialized recruitment, recruitment process outsourcing, talent management and contracting solutions. We help our clients and candidates succeed by leveraging our expertise, deep industry and market knowledge, and proprietary assessment tools and techniques. Operating in nearly 20 countries through relationships with millions of specialized professionals, we bring an unparalleled ability to match talent with opportunities by assessing, recruiting, developing and engaging the best and brightest people for our clients. We combine broad geographic presence, world-class talent solutions and a tailored, consultative approach to help businesses and professionals achieve higher performance and outstanding results. More information is available at Hudson.com.