secwatch / observer
8-K filed March 14, 2024, 7:59 PM ET ticker STRR CIK 0001210708
earnings confidence high sentiment negative materiality 0.70

Hudson Global Q4 revenue down 22% to $34M; adjusted EPS falls to $0.04

Star Equity Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Star Equity Holdings, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $34.0 million, net income $0.7 million, EPS $0.23 per diluted share.

Period
the fourth quarter ended December 31, 2023
Revenue
$34.0 million
Net income
$0.7 million
EPS
$0.23 per diluted share
Result
reported results
Exact text from the filing
2023 Fourth Quarter Summary • Revenue of $34.0 million decreased 22.1% from the fourth quarter of 2022, or 22.4% in constant currency. • Adjusted net revenue of $16.5 million decreased 25.3% from the fourth quarter of 2022, or 25.9% in constant currency. • Net income of $0.7 million, or $0.23 per diluted share, versus net income of $0.1 million, or $0.02 per diluted share, in the fourth quarter of 2022. Adjusted net income per diluted share (Non-GAAP measure)* decreased to $0.04 from adjusted net income per diluted share of $0.33 in the fourth quarter of 2022. • Adjusted EBITDA (Non-GAAP measure) * decreased to $0.1 million, versus adjusted EBITDA of $2.4 million in the fourth quarter of 2022.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Star Equity Holdings, Inc. reported the full year ended December 31, 2023 results: revenue $161.3 million, net income $2.2 million, EPS $0.70 per diluted share.

Period
the full year ended December 31, 2023
Revenue
$161.3 million
Net income
$2.2 million
EPS
$0.70 per diluted share
Result
reported results
Exact text from the filing
2023 Full-Year Summary • Revenue of $161.3 million decreased 19.7% from 2022, or 17.7% in constant currency. • Adjusted net revenue of $80.3 million decreased 19.1% from 2022, or 18.1% in constant currency. • Net income of $2.2 million, or $0.70 per diluted share, compared to net income of $7.1 million, or $2.27 per diluted share, in 2022. Adjusted net income per diluted share (Non-GAAP measure)* of $0.86 decreased from adjusted net income per diluted share of $3.38 in the prior year. • Adjusted EBITDA (Non-GAAP measure) * was $5.9 million, versus adjusted EBITDA of $16.4 million in 2022.
View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

Star Equity Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001210708-24-000011
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