{"schema_version":"secwatch.filing_event.v1","accession":"0001210708-24-000011","form_type":"8-K","ticker":"STRR","cik":"0001210708","company_name":"Star Equity Holdings, Inc.","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.592680+00:00","generated_at":"2026-06-04T18:50:36.080645+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Hudson Global Q4 revenue down 22% to $34M; adjusted EPS falls to $0.04","bullets":["Q4 revenue $34.0M, down 22.1% YoY; adjusted net revenue $16.5M, down 25.3%.","Q4 net income $0.7M ($0.23 diluted EPS); adjusted EPS $0.04 vs $0.33 prior year.","Full-year revenue $161.3M, down 19.7%; adjusted EBITDA $5.9M vs $16.4M in 2022.","Hired Jake Zabkowicz as Global CEO of Hudson RPO in Nov 2023; cost reductions ongoing.","Cash $23.2M; repurchased 11,392 shares in Q4 and 44,250 shares in Q1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001210708-24-000011","json":"https://secwatch.observer/filing/0001210708-24-000011.json","markdown":"https://secwatch.observer/filing/0001210708-24-000011.md","text":"https://secwatch.observer/filing/0001210708-24-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1210708/000121070824000011/0001210708-24-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1210708/000121070824000011/hson-20240314.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T18:50:36.080645+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"19e79b4a3b2b6f5e11a14147425b93ae91a00cd1","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1210708/000121070824000011/0001210708-24-000011-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$34.0 million"},{"label":"Net income","value":"$0.7 million"},{"label":"EPS","value":"$0.23 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"277306e1fa5bcda60e38273b5936ffa06ebb77d3","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1210708/000121070824000011/0001210708-24-000011-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"$161.3 million"},{"label":"Net income","value":"$2.2 million"},{"label":"EPS","value":"$0.70 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}