Exhibit 99.1

Press Release

PRGX Global, Inc. Announces Fourth Quarter

and Full Year 2018 Financial Results

ATLANTA, March 7, 2019 — PRGX Global, Inc. (Nasdaq: PRGX), a global leader in Recovery Audit and Spend Analytics services, today announced its unaudited financial results for the fourth quarter and year ended December 31, 2018.

Highlights

• Revenue from continuing operations of $49.6 million for the fourth quarter of 2018, representing growth of 5.4% year-over-year (8.1% on a constant dollar basis), the tenth consecutive quarter of growth

• Net Income from continuing operations for the fourth quarter of $5.9 million for 2018, representing growth of 5.0% year-over-year

• Adjusted EBITDA from continuing operations of $10.9 million for the fourth quarter of 2018, representing growth of 16.9% year-over-year (23.4% on a constant dollar basis)

• Providing 2019 annual guidance of year-over-year revenue growth in the range of 8% to 10% and Adjusted EBITDA growth in the range of 14% to 18%

	For the Three Months Ended December 31,
	2018		2017		% Change
Selected Financial Data (dollars in thousands)
Revenue
Recovery Audit Services - Americas		32,244		31,481		2.4	%
Recovery Audit Services - Europe/Asia-Pacific		15,863		14,931		6.2	%
Adjacent Services		1,526		662		130.5	%
Total		49,633		47,074		5.4	%
Net income from continuing operations		5,933		5,652		5.0	%
Non-GAAP Financial Measures
Adjusted EBITDA from continuing operations		10,869		9,300		16.9	%
	For the Twelve Months ended December 31,
	2018		2017		% Change
Selected Financial Data (dollars in thousands)
Revenue
Recovery Audit Services - Americas		115,920		113,122		2.5	%
Recovery Audit Services - Europe/Asia-Pacific		49,526		44,372		11.6	%
Adjacent Services		6,330		4,126		53.4	%
Total		171,776		161,620		6.3	%
Net income from continuing operations		3,351		4,556		-26.4	%
Non-GAAP Financial Measures
Adjusted EBITDA from continuing operations		24,673		21,345		15.6	%

“2018 was another strong year for PRGX. We delivered growth in revenue and Adjusted EBITDA for the third year in a row, while growing our sales pipeline, enhancing our technology platform, expanding our go-to-market team and significantly increasing our contract compliance and UK audit teams. Further, our fourth quarter revenue reached the highest level in five years. I was especially pleased with the continued progress in our Adjacent Services segment,” said Ron Stewart, president and chief executive officer.

“Looking ahead, we have great confidence in our growth trajectory for the coming year. We enter 2019 with expected incremental revenue from engagements signed in 2018, several early wins in 2019, and a robust pipeline of additional new business opportunities. Based on our strong momentum, we are projecting 2019 year-over-year revenue growth in the range of 8% to 10% and Adjusted EBITDA growth in the range of 14% to 18%,” concluded Stewart.

Consolidated Results from Continuing Operations for the Three Months Ended December 31, 2018

Consolidated revenue from continuing operations for the fourth quarter of 2018 was $49.6 million, compared to $47.1 million for the same period in 2017, an increase of 5.4%. Fourth quarter 2018 revenue from the Recovery Audit Services segments was $48.1 million compared to $46.4 million in the prior year, and from the Adjacent Services segment was $1.5 million compared to $0.7 million in 2017. On a constant dollar basis adjusted for changes in foreign exchange rates, revenue increased by 8.1% in the fourth quarter of 2018 compared to the same period in the prior year.

Total cost of revenue from continuing operations for the fourth quarter of 2018 was $26.5 million, or 53.4% of revenue, compared to $26.7 million, or 56.8% of revenue, for the same period in the prior year, representing a 3.4% improvement as a percentage of revenue.

Selling, general and administrative expenses from continuing operations for the fourth quarter of 2018 were $13.9 million compared to $12.8 million in the prior year period.

Consolidated net income from continuing operations for the fourth quarter of 2018 was $5.9 million, or $0.26 per basic and diluted share, compared to net income of $5.7 million, or $0.26 per basic and diluted share, for the same period in 2017.

Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (Adjusted EBITDA) from continuing operations for the fourth quarter of 2018 was $10.9 million, or 21.9% of revenue, compared to Adjusted EBITDA of $9.3 million, or 19.8% of revenue, for the fourth quarter of 2017, an increase of $1.6 million or 16.9%. Schedule 3 attached to this press release provides a reconciliation of net income (loss) to each of EBIT (Earnings Before Interest and Taxes), EBITDA and Adjusted EBITDA. On a constant dollar basis adjusted for changes in foreign exchange rates, Adjusted EBITDA increased by 23.4% in the fourth quarter of 2018 compared to the same period in the prior year.

Consolidated Results from Continuing Operations for the Year Ended December 31, 2018

Consolidated revenue from continuing operations for the year ended December 31, 2018 was $171.8 million, compared to $161.6 million in 2017, an increase of 6.3%. Revenue from the Recovery Audit Services segments was $165.4 million compared to $157.5 million in the prior year, and from the Adjacent Services segment was $6.3 million compared to $4.1 million in 2017. On a constant dollar basis adjusted for changes in foreign exchange rates, revenue increased by 6.5% for the year ended December 31, 2018, compared to the prior year.

Total cost of revenue from continuing operations for the year ended December 31, 2018 was $104.8 million, or 61.0% of revenue, compared to $102.1 million, or 63.1% of revenue, in 2017, an improvement of 2.1% as a percentage of revenue.

Selling, general and administrative expenses from continuing operations for the year ended December 31, 2018 were $50.5 million, compared to $46.9 million in the prior year.

Consolidated net income from continuing operations for the year ended December 31, 2018 was $3.4 million, or $0.14 per basic and diluted share, compared to net income of $4.6 million, or $0.21 per basic and diluted share, for the prior year.

Adjusted EBITDA from continuing operations for the year ended December 31, 2018 was $24.7 million, or 14.4% of revenue, compared to Adjusted EBITDA of $21.3 million, or 13.2% of revenue, for the prior year, an increase of $3.3 million or 15.6%. Schedule 3 attached to this press release provides a reconciliation of net income (loss) to each of EBIT, EBITDA and Adjusted EBITDA. On a constant dollar basis adjusted for changes in foreign exchange rates, Adjusted EBITDA increased by 17.7% for the year ended December 31, 2018, compared to the same period in the prior year.

Cash Flow and Liquidity

Net cash provided by operating activities for the fourth quarter of 2018 was $6.0 million, compared to $9.9 million in the fourth quarter of the prior year, and $2.4 million for the year ended December 31, 2018 compared to $13.5 million in the prior year.

At December 31, 2018, the Company had unrestricted cash and cash equivalents of $14.0 million, and borrowings of $21.6 million against its $30.0 million revolving credit facility.

Stock Repurchase Program

Since the February 2014 announcement of the Company’s stock repurchase program, as of December 31, 2018, the Company has repurchased 9.1 million shares. The Company repurchased approximately 0.4 million shares of its outstanding common stock for an aggregate cost of $4.1 million in the year ended December 31, 2018.

Fourth Quarter Earnings Call

As previously announced, management will hold a conference call later today at 5:00 PM (Eastern time) to discuss the Company’s fourth quarter and full year 2018 financial results. To access the conference call, listeners in the U.S. and Canada should dial (877) 755-7423 at least 5 minutes prior to the start of the conference. Listeners outside the U.S. and Canada should dial (678) 894-3069. To be admitted to the call, listeners should use passcode 4791596.

This teleconference will also be audiocast on the Internet at www.prgx.com (click on “Events & Presentations” under “Investors”). A replay of the audiocast will be available at the same location on www.prgx.com beginning approximately two hours after the conclusion of the live audiocast, extending through June 30, 2019. Please note that the Internet audiocast is “listen-only.” Microsoft Windows Media Player is required to access the live audiocast and the replay and can be downloaded from www.microsoft.com/en-us/downloads.

About PRGX

PRGX Global, Inc. is a global leader in Recovery Audit and Spend Analytics services. With over 1,500 employees, the Company serves clients in more than 30 countries and provides its services to 80% of the top 15 global retailers and over 25% of the top 50 companies in the Fortune 500. PRGX delivers more than $1 billion in cash flow improvement for its clients each year. The creator of the recovery audit industry more than 40 years ago, PRGX continues to innovate through technology and expanded service offerings. In addition to Recovery Audit, the Company provides Contract Compliance, Spend Analytics and Supplier Information Management services to improve clients’ financial performance and manage risk. For additional information on PRGX, please visit www.prgx.com.

Forward-Looking Statements

In addition to historical information, this press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include both implied and express statements regarding the Company’s overall condition and growth prospects and the Company’s expectations regarding its 2019 financial performance.    Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from the historical results or from any results expressed or implied by such forward-looking statements. Risks that could affect the Company’s future performance include revenue that does not meet expectations or justify costs incurred, the Company’s ability to develop material sources of new revenue in addition to revenue from its core recovery audit services, changes in the market for the Company’s services, the Company’s ability to retain and attract qualified personnel, the Company’s ability to integrate recent and future acquisitions, uncertainty in the credit markets, the Company’s ability to maintain compliance with its financial covenants, client bankruptcies, loss of major clients, and other risks generally applicable to

the Company’s business. For a discussion of other risk factors that may impact the Company’s business, please see the Company’s filings with the Securities and Exchange Commission. The Company disclaims any obligation or duty to update or modify these forward-looking statements.

Non-GAAP Financial Measures

EBIT, EBITDA and Adjusted EBITDA are all “non-GAAP financial measures” presented as supplemental measures of the Company’s performance. They are not presented in accordance with accounting principles generally accepted in the United States, or GAAP. The Company believes these measures provide additional meaningful information in evaluating its performance over time, and that the rating agencies and a number of lenders use EBITDA and similar measures for similar purposes. In addition, a measure similar to Adjusted EBITDA is used in the restrictive covenants contained in the Company’s secured credit facility. However, EBIT, EBITDA and Adjusted EBITDA have limitations as analytical tools, and you should not consider them in isolation, or as substitutes for analysis of the Company’s results as reported under GAAP. In addition, in evaluating EBIT, EBITDA and Adjusted EBITDA, you should be aware that, as described above, the adjustments may vary from period to period and in the future the Company will incur expenses such as those used in calculating these measures. The Company’s presentation of these measures should not be construed as an inference that future results will be unaffected by unusual or nonrecurring items. Schedule 3 to this press release provides a reconciliation of net income (loss) to each of EBIT, EBITDA and Adjusted EBITDA.

CONTACT: PRGX Global, Inc.

investor-relations@prgx.com

Phone: 770-779-3011

SCHEDULE 1

PRGX Global, Inc. and Subsidiaries

Condensed Consolidated Statements of Operations

(Amounts in thousands, except per share data)

(Unaudited)

	Three Months Ended December 31,						Twelve Months Ended December 31,
	2018			2017			2018			2017
Revenue, net of refund liabilities	$	49,633		$	47,074		$	171,776		$	161,620
Operating expenses:
Cost of revenue		26,493			26,746			104,825			102,052
Selling, general and administrative expenses		13,862			12,792			50,456			46,941
Depreciation of property, equipment and software assets		2,074			1,107			7,370			4,569
Amortization of intangible assets		871			1,468			3,395			3,634
Acquisition-related adjustments loss (income)		12			(2,283	)		(1,628	)		(2,283	)
Total operating expenses		43,312			39,830			164,418			154,913
Operating income from continuing operations		6,321			7,244			7,358			6,707
Foreign currency transaction losses (gains) on short-term intercompany balances		272			(263	)		1,002			(2,190	)
Interest expense, net		363			1,312			1,663			1,539
Other loss (income)		5			17			21			(160	)
Income from continuing operations before income taxes		5,681			6,178			4,672			7,518
Income tax (benefit) expense		(252	)		526			1,321			2,962
Net income from continuing operations	$	5,933		$	5,652		$	3,351		$	4,556
Discontinued operations:
Income (loss) from discontinued operations		1,926			(343	)		1,242			(1,372	)
Income tax expense		—			—			—			—
Net income (loss) from discontinued operations		1,926			(343	)		1,242			(1,372	)
Net income	$	7,859		$	5,309		$	4,593		$	3,184
Basic income (loss) per common share:
Basic income from continuing operations	$	0.26		$	0.26		$	0.14		$	0.21
Basic income (loss) from discontinued operations		0.08			(0.02	)		0.06			(0.06	)
Total basic income per common share	$	0.34		$	0.24		$	0.20		$	0.15
Diluted income (loss) per common share:
Diluted income from continuing operations	$	0.26		$	0.26		$	0.14		$	0.21
Diluted income (loss) from discontinued operations		0.08			(0.02	)		0.06			(0.06	)
Total diluted income per common share	$	0.34		$	0.24		$	0.20		$	0.15
Weighted average common shares outstanding:
Basic		23,036			22,017			22,811			21,937
Diluted		23,619			22,303			23,434			22,111

SCHEDULE 2

PRGX Global, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

(Amounts in thousands)

(Unaudited)

	December 31,			December 31,
	2018			2017
ASSETS
Current assets:
Cash and cash equivalents	$	13,973		$	18,823
Restricted cash		46			51
Receivables:
Contract receivables, net		46,865			38,767
Employee advances and miscellaneous receivables, net		567			1,665
Total receivables		47,432			40,432
Prepaid expenses and other current assets		3,144			4,608
Total current assets		64,595			63,914
Property, equipment and software, net		22,028			17,478
Goodwill		17,531			17,648
Intangible assets, net		14,945			18,478
Deferred income taxes		2,895			1,538
Other assets		2,169			1,162
Total assets	$	124,163		$	120,218
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	7,515		$	8,548
Accrued payroll and related expenses		15,073			13,078
Refund liabilities		6,497			7,864
Deferred revenue		2,428			1,431
Current portion of long-term debt		21,601			48
Current portion of long-term incentive compensation liability		—			5,116
Current portion of business acquisition obligations		4,162			3,759
Total current liabilities		57,276			39,844
Long-term debt		—			13,526
Business acquisition obligations		—			5,135
Refund liabilities		100			957
Other long-term liabilities		458			442
Total liabilities		57,834			59,904
Shareholders’ equity:
Common stock		232			224
Additional paid-in capital		582,574			580,032
Accumulated deficit		(515,456	)		(520,049	)
Accumulated other comprehensive income		(1,021	)		107
Total shareholders’ equity		66,329			60,314
Total liabilities and shareholders’ equity	$	124,163		$	120,218

SCHEDULE 3

PRGX Global, Inc. and Subsidiaries

Reconciliation of Net Income (Loss) to EBIT, EBITDA and Adjusted EBITDA

(Amounts in thousands)

(Unaudited)

	Three Months Ended December 31,						Twelve Months Ended December 31,
	2018			2017			2018			2017
Reconciliation of net income to EBIT, EBITDA and Adjusted EBITDA:
Net income	$	7,859		$	5,309		$	4,593		$	3,184
Income tax (benefit) expense		(252	)		526			1,321			2,962
Interest expense, net		363			1,312			1,663			1,539
EBIT		7,970			7,147			7,577			7,685
Depreciation of property, equipment and software assets		2,074			1,109			7,371			4,577
Amortization of intangible assets		871			1,468			3,395			3,634
EBITDA		10,915			9,724			18,343			15,896
Foreign currency transaction losses (gains) on short-term intercompany balances		272			(263	)		1,002			(2,190	)
Acquisition-related adjustments loss (income)		12			(2,283	)		(1,628	)		(2,283	)
Transformation and severance expenses		694			74			3,122			1,666
Other loss (income)		5			17			21			(160	)
Stock-based compensation		897			1,690			5,056			7,052
Adjusted EBITDA	$	12,795		$	8,959		$	25,916		$	19,981
Adjusted EBITDA from continuing operations	$	10,869		$	9,300		$	24,673		$	21,345
Adjusted EBITDA from discontinued operations	$	1,926		$	(341	)	$	1,243		$	(1,364	)

EBIT, EBITDA and Adjusted EBITDA are all “non-GAAP financial measures” presented as supplemental measures of our performance. They are not presented in accordance with accounting principles generally accepted in the United States, or GAAP. The Company believes these measures provide additional meaningful information in evaluating the Company’s performance over time, and that the rating agencies and a number of lenders use EBIT, EBITDA and similar measures for similar purposes. In addition, a measure similar to Adjusted EBITDA is used in the restrictive covenants contained in the Company’s secured credit facility. However, EBIT, EBITDA and Adjusted EBITDA have limitations as analytical tools, and you should not consider them in isolation, or as substitutes for analysis of our results as reported under GAAP. In addition, in evaluating EBIT, EBITDA and Adjusted EBITDA, you should be aware that in the future we will incur expenses such as those used in calculating these measures. Our presentation of these measures should not be construed as an inference that our future results will be unaffected by unusual or nonrecurring items.

SCHEDULE 4

PRGX Global, Inc. and Subsidiaries

Condensed Consolidated Statements of Cash Flows

(Amounts in thousands)

(Unaudited)

	Three Months Ended December 31,						Twelve Months Ended December 31,
	2018			2017			2018			2017
Cash flows from operating activities:
Net income	$	7,859		$	5,309		$	4,593		$	3,184
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		2,946			2,575			10,766			8,203
Amortization of deferred loan costs		—			9			53			85
Deferred income taxes		(1,490	)		731			(1,321	)		731
Stock-based compensation expense		897			1,690			5,056			7,052
Changes in fair value of contingent consideration		12			(2,283	)		(1,628	)		(2,283	)
Foreign currency transaction losses (gains) on short-term intercompany balances		272			(263	)		1,002			(2,190	)
Long-term incentive compensation payout		—			—			(6,378	)		—
Increase in receivables		(10,181	)		(3,705	)		(9,631	)		(4,418	)
Increase in accounts payable, accrued payroll and other accrued expenses		5,367			2,109			(855	)		1,790
Other, primarily changes in assets and liabilities		237			3,731			774			1,306
Net cash provided by operating activities		5,919			9,903			2,431			13,460
Cash flows from investing activities:
Purchases of property and equipment, net of disposals		(2,499	)		(2,922	)		(10,398	)		(9,355	)
Acquistion of businesses, net of cash acquired		—			—			19			(10,128	)
Net cash used in investing activities		(2,499	)		(2,922	)		(10,379	)		(19,483	)
Cash flows from financing activities:
Net borrowings under line of credit		4,000			—			8,000			10,000
Payment of earnout liability related to business acquisitions		—			—			(4,000	)		—
Other, net		(3,807	)		378			(966	)		983
Net cash provided by financing activities		193			378			3,034			10,983
Effect of exchange rates on cash and cash equivalents		(123	)		(468	)		64			(1,860	)
Net change in cash and cash equivalents		3,490			6,891			(4,850	)		3,100
Cash and cash equivalents at beginning of period		10,483			11,932			18,823			15,723
Cash and cash equivalents at end of period	$	13,973		$	18,823		$	13,973		$	18,823

SCHEDULE 5

PRGX Global, Inc. and Subsidiaries

Results by Operating Segment *

(Amounts in thousands)

(Unaudited)

	Three Months Ended December 31,									Twelve Months Ended December 31,
	2018			2017			Change			2018			2017			Change
Revenue, net of refund liabilities
Recovery Audit Services - Americas	$	32,244		$	31,481		$	763		$	115,920		$	113,122		$	2,798
Recovery Audit Services - Europe/Asia-Pacific		15,863			14,931			932			49,526			44,372			5,154
Adjacent Services		1,526			662			864			6,330			4,126			2,204
Total	$	49,633		$	47,074		$	2,559		$	171,776		$	161,620		$	10,156
Cost of revenue
Recovery Audit Services - Americas	$	17,031		$	17,809		$	(778	)	$	69,897		$	68,963		$	934
Recovery Audit Services - Europe/Asia-Pacific		7,216			7,377			(161	)		27,767			26,930			837
Adjacent Services		2,246			1,560			686			7,161			6,159			1,002
Total	$	26,493		$	26,746		$	(253	)	$	104,825		$	102,052		$	2,773
Selling, general and administrative expenses
Recovery Audit Services - Americas	$	3,103		$	2,090		$	1,013		$	11,849		$	9,410		$	2,439
Recovery Audit Services - Europe/Asia-Pacific		1,796			1,339			457			7,439			6,586			853
Adjacent Services		262			695			(433	)		1,685			3,735			(2,050	)
Corporate**		8,713			6,385			2,328			27,855			24,927			2,928
Total	$	13,874		$	10,509		$	3,365		$	48,828		$	44,658		$	4,170
Depreciation of property, equipment and software assets
Recovery Audit Services - Americas	$	1,669		$	687		$	982		$	5,545		$	3,165		$	2,380
Recovery Audit Services - Europe/Asia-Pacific		171			146			25			683			599			84
Adjacent Services		234			274			(40	)		1,142			805			337
Total	$	2,074		$	1,107		$	967		$	7,370		$	4,569		$	2,801
Amortization of intangible assets
Recovery Audit Services - Americas	$	446		$	933		$	(487	)	$	1,664		$	1,919		$	(255	)
Recovery Audit Services - Europe/Asia-Pacific		36			142			(106	)		172			142			30
Adjacent Services		389			393			(4	)		1,559			1,573			(14	)
Total	$	871		$	1,468		$	(597	)	$	3,395		$	3,634		$	(239	)
Operating income (loss)
Recovery Audit Services - Americas	$	9,995		$	9,962		$	33		$	26,965		$	29,665		$	(2,700	)
Recovery Audit Services - Europe/Asia-Pacific		6,644			5,927			717			13,465			10,115			3,350
Adjacent Services		(1,605	)		(2,260	)		655			(5,217	)		(8,146	)		2,929
Corporate		(8,713	)		(6,385	)		(2,328	)		(27,855	)		(24,927	)		(2,928	)
Total	$	6,321		$	7,244		$	(923	)	$	7,358		$	6,707		$	651
Adjusted EBITDA
Recovery Audit Services - Americas	$	12,326		$	11,582		$	744		$	35,118		$	35,062		$	56
Recovery Audit Services - Europe/Asia-Pacific		7,046			6,288			758			15,514			11,511			4,003
Adjacent Services		(982	)		(1,578	)		596			(2,450	)		(5,448	)		2,998
Corporate		(7,521	)		(6,992	)		(529	)		(23,509	)		(19,780	)		(3,729	)
Total	$	10,869		$	9,300		$	1,569		$	24,673		$	21,345		$	3,328

* The Recovery Audit Services - Americas segment represents recovery audit services provided in the United States, Canada and Latin America. The Recovery Audit Services - Europe/Asia-Pacific segment represents recovery audit services provided in Europe, Asia and the Pacific region. The Adjacent Services segment represents spend analytics and supplier information management services.

** Corporate - Includes acquisition-related adjustments of $12,000 loss that increased expenses in the three months ended December 31, 2018, and of $1.6 million income that reduced expenses in the twelve months ended December 31, 2018.