secwatch.observer — SEC 8-K summary
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Issuer:     Star Equity Holdings, Inc. (STRR)
CIK:        0001210708
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001210708-24-000063
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210708/000121070824000063/0001210708-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210708/000121070824000063/hson-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001210708-24-000063

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer