Star Equity Holdings, Inc. reports news as a diversified holding company with Building Solutions, Business Services, Energy Services, and Investments activities. Company updates commonly cover operating and financial results, segment performance, Building Solutions backlog, stock repurchases, and the operating contribution of businesses added through its completed 2025 merger.
Recurring news themes for STRR also include material agreements, capital-structure disclosures, shareholder voting and governance matters, and communications from the Investments Division on portfolio positions and capital allocation. The Business Services segment provides recruitment process outsourcing, contingent workforce solutions, recruitment consulting, outsourced professional contract staffing, and managed service provider services.
Hudson Global, Inc. (Nasdaq: HSON) will release its third quarter financial results on November 5, 2020, before the market opens. A conference call to discuss the results is scheduled for 10 a.m. ET on the same day, available via webcast on the company's investor relations website. As a global talent solutions provider, Hudson RPO focuses on delivering customized recruitment outsourcing and total talent solutions worldwide, aiming to meet clients’ strategic growth initiatives.
Hudson Global has acquired Coit Group, enhancing its presence in the tech sector and establishing a new office in San Francisco. Coit Group, a prominent RPO provider in the Bay Area, will now operate under Hudson RPO’s Technology Group with co-CEOs Joe Belluomini and Tim Farrelly. This acquisition aims to leverage Coit's expertise and Hudson's global reach to better serve clients, particularly in high-growth areas. The merger is viewed positively, potentially creating significant value for clients and shareholders through improved service offerings and market expansion.
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Hudson Global, a leader in talent solutions, will present at the Sidoti & Company Virtual Investor Conference on September 24, 2020, at 12:15 PM ET. The event will also include investor meetings throughout the day. Interested parties can access the presentation live online via a dedicated weblink. A replay will be available for 90 days post-event. Hudson Global specializes in customized recruitment outsourcing and total talent solutions globally, aiming to meet client strategic growth needs.
Hudson Global, Inc. (HSON) will announce its second quarter financial results for the period ending June 30, 2020, before market opening on August 5, 2020. A conference call to discuss these results will take place at 10 a.m. ET on the same day, accessible via the company’s website. Interested participants can join by dialing (866) 220-5784 for U.S. calls or (615) 622-8063 internationally, with the conference ID 4565667. Hudson RPO offers tailored talent solutions globally, focusing on recruitment outsourcing and strategic growth for clients.
Hudson Global reported a strong first quarter, ending March 31, 2020, with revenue of $24.1 million, a 49.1% increase from 2019. Adjusted net revenue rose to $9.8 million, a 4.3% year-over-year growth. Improved net loss of $0.5 million per share from $1.9 million in Q1 2019, with adjusted net loss per diluted share at $(0.08). The company’s cash reserves stood at $26.5 million.
Despite strong performance, Hudson acknowledged the adverse effects of the COVID-19 pandemic on demand for services, including hiring freezes amongst clients.
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