---
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"
generated_at: "2026-06-04T18:50:36.080645+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001210708-24-000011
- JSON: https://secwatch.observer/filing/0001210708-24-000011.json
- Plain text: https://secwatch.observer/filing/0001210708-24-000011.txt

## Key facts
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1210708/000121070824000011/0001210708-24-000011-index.htm
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1210708/000121070824000011/0001210708-24-000011-index.htm

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