PRGX Global Moves 11% Higher (PRGX)

Shares of PRGX Global Inc. (NASDAQ: PRGX) are rocketing higher this morning after the company announced Q4 earnings that beat the Street estimate by $0.09. Revenues also came in ahead of estimates, at $50.3 million versus $49.6 million.

Revenues increased 1.6% year over year.

Shares are currently higher by 10.72%, trading at $6.30. Stock volume is running high, already turning over the 10-day average daily volume; 0.191 million shares have traded.

PRGX Global, Inc., formerly PRG-Schultz International, Inc., is a business analytics and information services firm. The company provides recovery audit services principally to businesses and government agencies having numerous payment transactions and complex purchasing environments.