Hudson Global Q3 net loss $0.8M, revenue falls 6.5%, adjusted EBITDA down to $0.8M from $2.0M

Star Equity Holdings, Inc.

2024-Q3 EPS reported -$1.39 revenue$106,456,000

Revenue $36.9M (-6.5% YoY, -8.1% constant currency); net loss $0.8M ($0.28 diluted loss) vs net income $0.5M ($0.17 diluted) last year.
Adjusted EBITDA $0.8M vs $2.0M in Q3 2023; adjusted net loss per share $0.13 vs adj net income $0.24.
Regional: Americas revenue +6%, Asia Pac -15%, EMEA +7%; Americas adj EBITDA improved to $0.6M, Asia Pac adj EBITDA fell to $0.9M.
Share repurchases of $0.4M in Q3; $2.5M YTD under $5M program; cash $16.5M at quarter end.
CEO cites market-driven slowdown; strategic hires made; positioning for recovery.

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