---
schema_version: "secwatch.filing_event.v1"
accession: "0001210708-24-000030"
form_type: "8-K"
ticker: "STRR"
cik: "0001210708"
company_name: "Star Equity Holdings, Inc."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:23:31.077670+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hudson Global Q1 revenue down 21% to $33.9M; net loss $2.9M vs year-ago profit of $0.4M

## Summary
- Revenue $33.9M down 21.3% YoY; adjusted net revenue $16.3M down 25%.
- Net loss $2.9M ($0.95 diluted loss) vs net income $0.4M ($0.11) in Q1 2023; adjusted EPS loss $0.72 vs income $0.22.
- Adjusted EBITDA loss $1.5M vs positive $1.1M a year ago.
- CEO expects recovery in Q2/H2 2024 citing new business wins and cost reductions; two small UAE acquisitions announced.
- Cash $21.0M; share repurchase program has $4.0M remaining.

## SEC filing metadata
- accession: 0001210708-24-000030
- form_type: 8-K
- ticker: STRR
- cik: 0001210708
- company_name: Star Equity Holdings, Inc.
- filed_at: 2024-05-10T23:59:59+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/1210708/000121070824000030/0001210708-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1210708/000121070824000030/hson-20240510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001210708-24-000030
- JSON: https://secwatch.observer/filing/0001210708-24-000030.json
- Plain text: https://secwatch.observer/filing/0001210708-24-000030.txt

## Key facts
- Earnings Releases
  Star Equity Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $33.9 million, net income Net loss was $2.9 million, or $0.95 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $33.9 million
  - Net income: Net loss was $2.9 million, or $0.95 per diluted share
  - Result: reported results
  source text: Company"), a leading global total talent solutions company, announced today financial results for the first quarter ended March 31, 2024. 2024 First Quarter Summary • Revenue of $33.9 million decreased 21.3% from the first quarter of 2023 and 20.1% in constant currency. • Adjusted net revenue of $16.3 million decreased 25.0% from the first quarter of 2023 and 24.6% in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1210708/000121070824000030/0001210708-24-000030-index.htm

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