---
schema_version: "secwatch.filing_event.v1"
accession: "0001210708-23-000083"
form_type: "8-K"
ticker: "STRR"
cik: "0001210708"
company_name: "Star Equity Holdings, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T16:36:19.675667+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hudson Global Q2 revenue down 21% YoY; net income falls to $0.6M

## Summary
- Revenue of $44.9M decreased 20.8% YoY; adjusted net revenue $22.6M, down 17.2%.
- Net income $0.6M ($0.18 diluted) vs $3.1M ($0.98) a year earlier; adjusted EPS $0.36 vs $1.25.
- Americas revenue declined 40%; Asia Pacific up 1%; Europe down 34% in constant currency.
- Completed $10M buyback; new $5M buyback authorized effective August 8, 2023.
- Cash $23.0M; adjusted EBITDA $2.6M vs $5.7M in Q2 2022.

## SEC filing metadata
- accession: 0001210708-23-000083
- form_type: 8-K
- ticker: STRR
- cik: 0001210708
- company_name: Star Equity Holdings, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1210708/000121070823000083/0001210708-23-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1210708/000121070823000083/hson-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001210708-23-000083
- JSON: https://secwatch.observer/filing/0001210708-23-000083.json
- Plain text: https://secwatch.observer/filing/0001210708-23-000083.txt

## Key facts
- Earnings Releases
  Star Equity Holdings, Inc. reported the second quarter ended June 30, 2023 results: revenue Revenue of $44.9 million, net income Net income was $0.6 million, or $0.18 per diluted share, EPS $0.18 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: Revenue of $44.9 million
  - Net income: Net income was $0.6 million, or $0.18 per diluted share
  - EPS: $0.18 per diluted share
  - Result: reported results
  source text: a leading global total talent solutions company, announced today financial results for the second quarter ended June 30, 2023. 2023 Second Quarter Summary • Revenue of $44.9 million decreased 20.8% from the second quarter of 2022 and 17.7% in constant currency. • Adjusted net revenue of $22.6 million decreased 17.2% from the second quarter of 2022 and 15.4%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1210708/000121070823000083/0001210708-23-000083-index.htm

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