OverviewSuggest Edit

Performant Financial Corporation provides technology-enabled recovery and related analytics services. Its services help identify and recover delinquent or defaulted assets and improper payments for government and private clients in various markets. The Company offers recovery services to guaranty agencies and private institutions, and audit and recovery services to identify improper healthcare payments for public and private healthcare clients. It also provides tax recovery services to state and municipal agencies, as well as financial institutions, and risk management advisory services that enable clients to proactively manage loan portfolios and reduce the incidence of defaulted loan assets over time.

TypePublic
Founded1976
HQLivermore, US
Websiteperformantcorp.com
Employee Ratings2.8
Culture scoreA+

Latest Updates

Employees (est.) (Dec 2018)1,892(+51%)
Job Openings7
Revenue (FY, 2019)$150.4 M(-3%)
Share Price (May 2020)$0.6

Key People/Management at Performant Financial Corporation

Lisa Im

Lisa Im

Chief Executive Officer and Board Chair
Bradley Fluegel

Bradley Fluegel

Director
Simeon Kohl

Simeon Kohl

Vice President and General Manager of Healthcare
James Lacamp

James Lacamp

Director
William D. Hansen

William D. Hansen

Director
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Performant Financial Corporation Office Locations

Performant Financial Corporation has offices in Livermore and San Angelo
Livermore, US (HQ)
333 N Canyons Pkwy #100
San Angelo, US
2751 Southwest Blvd
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Performant Financial Corporation Financials and Metrics

Performant Financial Corporation Revenue

Performant Financial Corporation's revenue was reported to be $150.43 m in FY, 2019
USD

Revenue (Q1, 2020)

45.9m

Net income (Q1, 2020)

(12.5m)

EBIT (Q1, 2020)

(14.1m)

Market capitalization (29-May-2020)

32.4m

Closing stock price (29-May-2020)

0.6

Cash (31-Mar-2020)

8.6m

EV

92.3m
Performant Financial Corporation's current market capitalization is $32.4 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

37.8m81.9m80.3m71.2m33.0m21.7m5.5m3.4m

Accounts Receivable

23.0m19.6m15.0m18.0m12.5m20.9m27.2m

Prepaid Expenses

2.9m4.4m12.6m12.9m12.7m3.4m3.3m

Inventories

12.7m
USDY, 2020

EV/EBIT

-6.5 x

EV/CFO

12.8 x

Financial Leverage

3.1 x
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Performant Financial Corporation Operating Metrics

FY, 2014FY, 2015FY, 2016

Locations

6 6 6
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Performant Financial Corporation Online and Social Media Presence

Embed Graph

Performant Financial Corporation Company Culture

  • Overall Culture

    A+

    96/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

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Performant Financial Corporation News and Updates

Performant Financial Corporation Announces Financial Results for First Quarter 2020

LIVERMORE, Calif., May 19, 2020 (GLOBE NEWSWIRE) -- Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled recovery and related analytics services in the United States, today reported the following financial results for its first quarter ended Ma…

Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2019

LIVERMORE, Calif., March 17, 2020 (GLOBE NEWSWIRE) -- Performant Financial Corporation (Nasdaq: PFMT), a leading provider of technology-enabled recovery and related analytics services in the United States, today reported the following financial results for its fourth quarter and full year ended De…

22NW Publicly Releases Letter to Board of Performant Financial Corporation

SEATTLE, Feb. 27, 2020 /PRNewswire/ -- 22NW, LP ("22NW" or "we"), one of the largest stockholders of Performant Financial Corporation ("Performant" or the "Company") (NASDAQ: PFMT), with ownership of approximately 6.2% of the Company's outstanding shares, today publicly released a letter...

Performant Financial Corporation Provides Update on 2021 Strategic Plan

LIVERMORE, Calif., July 02, 2019 (GLOBE NEWSWIRE) -- Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled recovery and related analytics services in the United States, today reaffirmed its 2021 guidance targets of $200 million in revenues and m…

Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2018

LIVERMORE, Calif., March 26, 2019 (GLOBE NEWSWIRE) -- Performant Financial Corporation (Nasdaq: PFMT), a leading provider of technology-enabled recovery and related analytics services in the United States, today reported the following financial results for its fourth quarter and full year ended De…

Performant Financial Corporation Announces Financial Results for Third Quarter 2018

LIVERMORE, Calif., Nov. 09, 2018 (GLOBE NEWSWIRE) -- Performant Financial Corporation (Nasdaq: PFMT), (the "Company") a leading provider of technology-enabled recovery and related analytics services in the United States, today reported the following financial results for its third quarter ended Se…

Performant Financial Corporation Frequently Asked Questions

  • When was Performant Financial Corporation founded?

    Performant Financial Corporation was founded in 1976.

  • Who are Performant Financial Corporation key executives?

    Performant Financial Corporation's key executives are Lisa Im, Bradley Fluegel and Simeon Kohl.

  • How many employees does Performant Financial Corporation have?

    Performant Financial Corporation has 1,892 employees.

  • What is Performant Financial Corporation revenue?

    Latest Performant Financial Corporation annual revenue is $150.4 m.

  • What is Performant Financial Corporation revenue per employee?

    Latest Performant Financial Corporation revenue per employee is $79.5 k.

  • Who are Performant Financial Corporation competitors?

    Competitors of Performant Financial Corporation include Windham Professionals, Gradifi and Vault.

  • Where is Performant Financial Corporation headquarters?

    Performant Financial Corporation headquarters is located at 333 N Canyons Pkwy #100, Livermore.

  • Where are Performant Financial Corporation offices?

    Performant Financial Corporation has offices in Livermore and San Angelo.

  • How many offices does Performant Financial Corporation have?

    Performant Financial Corporation has 2 offices.