Performant Financial Corporation

The Company's services help 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 derives its revenues from services for clients in a variety of different markets. These markets include its two markets, student lending and healthcare, as well as other markets, which include delinquent state taxes and federal Treasury, and other receivables. Its data analytics capabilities screen and allocate volumes of recovery inventory. In the healthcare market, it analyzes Medicare claims to find correlations between claims data and improper payments. The Company utilizes its analytics tools to test workflow processes in real-time.
Company Growth (employees)
Type
Public
HQ
Livermore, US
Founded
1976
Size (employees)
1,211 (est)
Performant Financial Corporation was founded in 1976 and is headquartered in Livermore, US

Performant Financial Corporation Office Locations

Performant Financial Corporation has office in Livermore
Livermore, US

Performant Financial Corporation Metrics

Performant Financial Corporation Summary

Market capitalization

$84.5 m

Closing share price

$1.6
Performant Financial Corporation's current market capitalization is $84.5 m.

Performant Financial Corporation Financials

Performant Financial Corporation's revenue is $255.3 m in FY, 2013 which is a 30.7% increase from the previous period.
FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

$255.3 m$195.4 m$159.4 m$141.4 m

Revenue growth, %

(23.5%)(18.4%)(11.3%)

Net Income

$36.3 m$9.4 m($1.8 m)

Performant Financial Corporation Market Value History

Performant Financial Corporation Company Life

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