secwatch.observer — SEC 8-K summary
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Issuer:     Star Equity Holdings, Inc. (STRR)
CIK:        0001210708
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001210708-23-000066
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hudson Global Q1 revenue down 17% YoY; adjusted EBITDA falls to $1.1M from $5.2M
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- Revenue $43.1M (-17% YoY); adjusted net revenue $21.8M (-14.9%); net income $0.4M ($0.11 diluted EPS).
- Americas revenue down 36% to $9.3M; Asia Pacific revenue down 8% to $27.3M; Europe up 16% to $6.5M.
- Adjusted EBITDA $1.1M vs $5.2M Q1 2022; adjusted EPS $0.22 down from $1.23.
- Cash $22.3M including restricted cash; $0.6M remaining under $10M share repurchase program.
- NOL carryforward of $303M in U.S.; rights agreement limits beneficial ownership to 4.99%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210708/000121070823000066/0001210708-23-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210708/000121070823000066/hson-20230510.htm
  HTML page:      https://secwatch.observer/filing/0001210708-23-000066

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