secwatch.observer — SEC 8-K summary
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Issuer:     Star Equity Holdings, Inc. (STRR)
CIK:        0001210708
Form:       8-K
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0001210708-23-000083
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210708/000121070823000083/0001210708-23-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210708/000121070823000083/hson-20230810.htm
  HTML page:      https://secwatch.observer/filing/0001210708-23-000083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer