Hudson Global Q2 revenue down 20.5% YoY; net loss of $0.4M vs net income $0.6M

Star Equity Holdings, Inc.

2024-Q2 EPS reported -$1.10 revenue$69,603,000

Revenue $35.7M, down 20.5% YoY; adjusted net revenue $17.6M, down 22.0%.
Net loss $0.4M ($0.15 diluted loss); adjusted EPS $0.04 vs adjusted $0.36 prior year.
Adjusted EBITDA $0.7M, down from $2.6M in Q2 2023.
Acquired Striver (UAE talent acquisition firm) in Q2; expands geographic reach.
Board authorized new $5M share repurchase program; repurchased $1.5M in Q2.

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