Hudson Global Q2 adjusted net revenue up 5.8%, adjusted EPS $0.12; merger with Star Equity on track

Star Equity Holdings, Inc.

2025-Q2 EPS reported -$0.82 vs consensus -$0.04 ▼ miss (-1909.8%)

Revenue $35.5M, down 0.5% YoY; adjusted net revenue $18.6M, up 5.8% (5.1% constant currency).
GAAP net loss $0.7M ($0.23/diluted share) vs loss $0.4M ($0.15) in Q2 2024; adjusted EPS $0.12 vs $0.04.
Adjusted EBITDA $1.3M, up from $0.7M; cash $17.5M including $0.7M restricted.
Acquired Japan-based Alpha Consulting Group; integrated McKinsey CMO Group for recruitment marketing.
Merger with Star Equity (STRR) shareholder votes Aug 21; expects cost savings and diversification.

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