other material
confidence high
sentiment neutral
materiality 0.55
Hudson Global reports LTM adj net revenue $69.9M, adj EBITDA $1.3M, adj EPS -$0.38
Star Equity Holdings, Inc.
- LTM Adjusted Net Revenue $69.9M; Adjusted EBITDA $1.3M (6.8% margin at RPO level vs. 25% goal).
- Cash $15.3M, zero debt, $302M usable NOL carryforward as of mid-2024.
- Initiated $5M stock buyback program on 8/8/23; repurchased 131k shares in H1 2024; shares outstanding reduced ~14% since 12/31/18.
- Board and management own ~19% of outstanding shares; CEO Jeffrey Eberwein continues as CEO.
- Recent acquisitions: Executive Solutions (UAE, March 2024) and Striver (global exec search, April 2024).