Hudson Global Q3 net income $0.5M ($0.17 EPS) down from $1.0M; revenue falls 19%

Star Equity Holdings, Inc.

2023-Q3 EPS reported $0.47 revenue$127,367,000

Revenue $39.4M, down 19.1% YoY; adjusted net revenue $19.4M, down 20%.
Net income $0.5M ($0.17 diluted EPS) vs $1.0M ($0.30) in Q3 2022; adjusted EPS $0.24 vs $0.58.
Adjusted EBITDA $2.0M vs $3.0M a year ago; cash and restricted cash $22.0M.
Americas revenue down 43%; APAC adjusted net revenue up 8%; Europe down 10% in constant currency.
Board authorized new $5M buyback program Aug 8; repurchased $0.2M in Q3.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Star Equity Holdings, Inc. reported the third quarter ended September 30, 2023 results: revenue $39.4 million, net income $0.5 million, or $0.17 per diluted share, EPS $0.17 per diluted share.

Period: the third quarter ended September 30, 2023
Revenue: $39.4 million
Net income: $0.5 million, or $0.17 per diluted share
EPS: $0.17 per diluted share
Result: reported results

Exact text from the filing

a leading global total talent solutions company, announced today financial results for the third quarter ended September 30, 2023. 2023 Third Quarter Summary • Revenue of $39.4 million decreased 19.1% from the third quarter of 2022 and 17.9% in constant currency. • Adjusted net revenue of $19.4 million decreased 20.0% from the third quarter of 2022 and 19.9% in

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Star Equity Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001210708-23-000109

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