Star Equity Holdings Inc Stock Price, News & Analysis

Star Equity Holdings (Nasdaq: STRR) reported strong Q2 2025 financial results, with revenues increasing 75.8% to $23.7 million and gross profit surging 182.2% to $6.3 million. The company achieved net income of $3.5 million ($1.08 per basic share) compared to a net loss of $3.8 million in Q2 2024.

The Building Solutions division showed exceptional performance with 51.2% revenue growth and a strong backlog of $25.7 million. The company's Investments Division generated $5.8 million in adjusted EBITDA, primarily from a $5.5 million realized gain on Star Equity Fund's investment in Servotronics.

Notably, Star Equity signed a definitive merger agreement with Hudson Global (Nasdaq: HSON) in May 2025, with shareholder meetings scheduled for August 21, 2025. The merger is expected to create value through increased scale, revenue diversification, and cost reduction.

Star Equity Holdings (Nasdaq: STRR) has declared a partial cash dividend of $0.225 per share for holders of its 10% Series A Cumulative Perpetual Preferred Stock. The dividend covers the period through August 21, 2025, with a payment date of September 10, 2025.

This announcement comes amid a pending merger with Hudson Global, Inc., where Star stockholders will receive 0.23 shares of Hudson common stock for each Star common share. Additionally, Star Preferred Stock holders will receive one share of Hudson 10% Series A Cumulative Perpetual Preferred Stock for each preferred share held. The merger agreement includes provisions for cash payments in lieu of fractional shares.

Star Equity Holdings (NASDAQ:STRR) has scheduled its second quarter 2025 financial results release for August 13, 2025, before market open. The company will host a conference call at 10:00 a.m. ET on the same day to discuss the results and management's outlook.

Star Equity operates through three main divisions: Building Solutions (modular building manufacturing, structural wall panel and wood foundation manufacturing, and glulam manufacturing), Energy Services (downhole tools for various industries), and Investments (managing real estate assets and investment positions).

Star Equity Holdings (STRR) and Hudson Global (HSON) have announced a definitive merger agreement to form "NewCo". The stock-for-stock transaction will see Star merge into a Hudson subsidiary, with Hudson as the surviving entity. Key terms include: • Exchange ratio: 0.23 HSON shares for each STRR share • Ownership split: Hudson 79%, Star 21% of NewCo's 3.49M shares • Pro-forma annualized revenues of $210 million • Projected cost savings of $2 million annually within 12 months • Combined NOL utilization potential of $240 million NewCo will operate four segments: Building Solutions, Business Services, Energy Services, and Investments. The merger aims to increase scale, diversify revenue streams, and improve operational efficiency. Jeff Eberwein will serve as CEO and Rick Coleman as COO. The deal is expected to close in H2 2025, subject to regulatory and shareholder approvals.

Star Equity Holdings (Nasdaq: STRR) has announced a cash dividend of $0.25 per share for holders of its 10% Series A Cumulative Perpetual Preferred Stock. The dividend will be paid on June 10, 2025, to shareholders of record as of June 1, 2025. Star Equity operates through three main divisions: Building Solutions (modular building, structural wall panel, and glue-laminated timber manufacturing), Energy Services (downhole tools for oil, gas, and mining industries), and Investments (managing real estate assets and investment positions).

Star Equity Holdings (NASDAQ: STRR) reported Q1 2025 financial results with revenues increasing 41.7% to $12.9 million from $9.1 million in Q1 2024. The company's gross profit doubled to $3.1 million, while net loss improved to $1.2 million ($0.37 per share) from $2.2 million ($0.70 per share) year-over-year. Building Solutions segment showed strong growth with a record backlog of $27.9 million. The revenue growth was primarily driven by the acquisitions of Timber Technologies Solutions and Alliance Drilling Tools, along with improved performance at KBS Builders. The company's Building Solutions segment revenue increased 32.9%, while the new Energy Services segment contributed $806,000. Operating cash flow improved significantly to an inflow of $563,000 compared to an outflow of $2.4 million in Q1 2024.

Star Equity Holdings (NASDAQ: STRR) has announced it will release its Q1 2025 financial results on Wednesday, May 14, 2025, before market opens. The company will host a conference call at 10:00 a.m. ET to discuss the results and management's outlook.

Star Equity operates through three main divisions: Building Solutions (modular building manufacturing, structural wall panel and wood foundation manufacturing, and glulam manufacturing), Energy Services (downhole tools for oil, gas, and other industries), and Investments (managing real estate assets and investment positions).

Star Equity Holdings (NASDAQ: STRR) reported its Q4 and full-year 2024 financial results, showing mixed performance. Q4 2024 highlights include a 21.1% revenue increase to $17.1 million, 55.9% gross profit growth to $4.4 million, and adjusted EBITDA of $1.1 million. However, the company recorded a net loss of $2.5 million.

Full-year 2024 results showed 16.5% revenue growth to $53.4 million, but gross profit declined 7.3% to $11.1 million. The company reported a net loss of $10.4 million and adjusted EBITDA loss of $0.8 million. Cash position decreased to $5.6 million from $18.9 million, while debt increased to $11.3 million from $2.0 million.

The Building Solutions division showed strong Q4 performance with significant project approvals and a $17.2 million year-end backlog. The company recently established its Energy Services division through the ADT acquisition in March 2025. Star Equity maintains a stock repurchase program with $721,000 remaining authorization as of December 31, 2024.

Star Equity Holdings (NASDAQ: STRR) has announced it will release its fourth quarter 2024 financial results on March 20, 2025, before market opens. The company will host a conference call at 10:00 a.m. ET on the same day to discuss results and management's outlook.

Star Equity operates through three main divisions:

• Building Solutions: Encompasses modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber manufacturing
• Energy Services: Focuses on rental, sale, and repair of downhole tools for oil, gas, geothermal, mining, and water-well industries
• Investments: Manages real estate assets and investment positions in private and public companies