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Star Equity Holdings (STRR) Stock News, Jun 2022-Mar 2023

STRR NASDAQ

Ticker history: HSON became STRR (Star Equity Holdings, Inc.) on . Earlier news and filings retain their original names and dates. View HSON history.

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.

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Hudson Global, Inc. (Nasdaq: HSON) will announce its fourth quarter financial results for the period ending December 31, 2022, on March 30, 2023, before market open. A conference call to review these results will take place on the same day at 10:00 am ET. Interested parties can join via toll-free dial-in at (866) 652-5200 or internationally at (412) 317-6060. The call will be available for live streaming on the investor relations section of Hudson’s website, where an archived version will also be accessible.

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Hudson Global (HSON) reported a revenue of $48.7 million for Q3 2022, marking an 8.2% increase year-over-year. Adjusted net revenue rose 34.2% to $24.2 million. However, net income decreased to $1.0 million or $0.30 per diluted share, down from $1.5 million or $0.49 the previous year. Adjusted EBITDA remained flat at $3.0 million. The company faced headwinds such as reduced Project RPO work and a slowdown in technology hiring. Despite this, robust activity at existing clients and a strong sales pipeline in healthcare were noted.

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Hudson Global, Inc. (Nasdaq: HSON) will release its third quarter financial results for the period ending September 30, 2022, on November 10, 2022, before the market opens. Following the release, a conference call will be held at 10:00 am ET to discuss the results. This call will also be available via a live webcast on the investor relations section of the company's website. The archived call will be accessible afterwards. For further inquiries, more information about the company can be found at hudsonrpo.com.

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Hudson Global, a leader in talent solutions, announced its participation in the Windy City Roundup Conference on October 12-13, 2022, at the Swissotel, Chicago. The key presentation by management is scheduled for October 12 at 11:30 am CT, accessible via a live stream. Investors are encouraged to schedule one-on-one meetings with management during the event. For additional information, a PDF of the presentation will be available on the Hudson Global Investor Relations website.

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Hudson Global, a prominent global talent solutions provider, announced its participation in the Sidoti & Company Fall Small-Cap Virtual Investor Conference. The management presentation is set for September 22, 2022, at 1:00 pm ET, with additional investor meetings planned throughout the day. Investors can access the live presentation via the provided weblink or through the Hudson Investor Relations website, where a replay will be available for 90 days post-event. Hudson specializes in customized recruitment outsourcing and total talent solutions to support organizations worldwide.

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Hudson Global, Inc. (HSON) has announced the acquisition of Hunt & Badge Consulting Private Limited, expanding its footprint in the Indian recruitment market. This strategic move enhances Hudson RPO's capabilities by leveraging Hunt & Badge's extensive client relationships and expertise.

CEO Jeff Eberwein stated that this acquisition is expected to generate significant value for clients, teams, and stockholders, while synergizing with the previously acquired Karani. The company aims to continue its disciplined strategy of pursuing growth through accretive bolt-on acquisitions.

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Hudson Global, Inc. (HSON) reported a strong performance for Q2 2022, with revenues reaching $51.0 million, a 28.4% increase year-on-year. Adjusted net revenue surged 80.7% to $27.3 million. The company achieved a net income of $3.1 million, equating to $0.98 per diluted share, a recovery from a net loss of $0.1 million in Q2 2021. Adjusted EBITDA rose to $5.7 million from $1.7 million last year. Cash flow from operations was $7.6 million, up from $1.0 million in the prior year. Hudson continues to focus on organic growth and potential acquisitions.

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Hudson Global (NASDAQ: HSON) announces it will release its second quarter financial results for the period ending June 30, 2022, on August 11, 2022, prior to market opening. A conference call to discuss the results will be held at 10:00 am ET on the same day, which will also be available via live webcast on the company's investor relations website. Investors can access the call through toll-free and international numbers provided in the release.

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Hudson Global, a prominent talent solutions firm, will present at the LD Micro Invitational Conference on **June 7, 2022**, at **5:00 PM PT**. Investors can view the presentation live online via the provided link. Management will also hold one-on-one meetings with investors throughout the day. Interested parties can reach out to Investor Relations for scheduling. For additional information, a PDF of the presentation is available on Hudson Global's Investor Relations website.

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FAQ

What is the current stock price of Star Equity Holdings (STRR)?

Star Equity Holdings (STRR) last closed at $9.50.

What is the market cap of Star Equity Holdings (STRR)?

The market cap of Star Equity Holdings (STRR) is approximately $35.4M.