Financials: Hudson Global Q1 revenues rise 1.5%

Global talent solutions company Hudson Global has reported revenues of $161.9m (£95.8m) for the first quarter ended 31 March, a 1.5% increase when compared with the fourth quarter of 2013.
Thu, 1 May 2014Global talent solutions company Hudson Global has reported revenues of $161.9m (£95.8m) for the first quarter ended 31 March, a 1.5% increase when compared with the fourth quarter of 2013.

Gross margin reached $57.5m, an increase of 1.5% from the first quarter of 2013.

In Europe, gross margin increased 5% in constant currency compared with the first quarter of 2013. Against the prior year, gross margin growth was driven primarily by permanent recruitment in the UK, growing 15%.

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