---
schema_version: "secwatch.filing_event.v1"
accession: "0001210708-23-000035"
form_type: "8-K"
ticker: "STRR"
cik: "0001210708"
company_name: "Star Equity Holdings, Inc."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T08:57:14.847469+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hudson Global Q4 net income drops to $0.1M; full-year adjusted EBITDA rises to $16.4M

## Summary
- Q4 revenue $43.6M (-12.9% YoY); adjusted net revenue $22.2M (-0.7% YoY).
- Q4 net income $0.1M ($0.02 per share) vs $2.1M in Q4 2021; adjusted EPS $0.33 vs $1.02.
- Full-year revenue $200.9M (+18.7%); net income $7.1M ($2.27 diluted) vs $3.2M in 2021.
- Adjusted EBITDA Q4 $2.4M vs $4.6M; full-year $16.4M vs $10.0M.
- Cash $27.5M; share repurchase program has $0.6M remaining; $303M NOL carryforward.

## SEC filing metadata
- accession: 0001210708-23-000035
- form_type: 8-K
- ticker: STRR
- cik: 0001210708
- company_name: Star Equity Holdings, Inc.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1210708/000121070823000035/0001210708-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1210708/000121070823000035/hson-20230330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001210708-23-000035
- JSON: https://secwatch.observer/filing/0001210708-23-000035.json
- Plain text: https://secwatch.observer/filing/0001210708-23-000035.txt

## Key facts
- Earnings Releases
  Star Equity Holdings, Inc. reported the full year ended December 31, 2022 results: revenue Revenue of $200.9 million, net income Net income of $7.1 million, or $2.37 per basic and $2.27 per diluted share, EPS $2.37 per basic and $2.27 per diluted share.
  - Period: the full year ended December 31, 2022
  - Revenue: Revenue of $200.9 million
  - Net income: Net income of $7.1 million, or $2.37 per basic and $2.27 per diluted share
  - EPS: $2.37 per basic and $2.27 per diluted share
  - Result: reported results
  source text: Revenue of $200.9 million increased 18.7% from 2021, or 27.1% in constant currency. • Adjusted net revenue of $99.2 million increased 45.6% from 2021, or 52.9% in constant currency. • Net income of $7.1 million, or $2.37 per basic and $2.27 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1210708/000121070823000035/0001210708-23-000035-index.htm
- Earnings Releases
  Star Equity Holdings, Inc. reported the fourth quarter ended December 31, 2022 results: revenue Revenue of $43.6 million, net income Net income of $0.1 million, or $0.02 per basic and diluted share, EPS $0.02 per basic and diluted share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: Revenue of $43.6 million
  - Net income: Net income of $0.1 million, or $0.02 per basic and diluted share
  - EPS: $0.02 per basic and diluted share
  - Result: reported results
  source text: Revenue of $43.6 million decreased 12.9% from the fourth quarter of 2021, or 5.5% in constant currency. • Adjusted net revenue of $22.2 million decreased 0.7% from the fourth quarter of 2021, and increased 4.8% in constant currency. • Net income of $0.1 million, or $0.02 per basic and diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1210708/000121070823000035/0001210708-23-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.