Star Equity Holdings Inc Stock Price, News & Analysis

Star Equity Holdings (NASDAQ:STRR) has completed its $5 million share repurchase program that was authorized in August 2023. The company's Board of Directors has now authorized a new $3 million share repurchase program for its outstanding common stock.

CEO Jeff Eberwein emphasized that this initiative demonstrates the company's commitment to enhancing shareholder value and reflects the Board's confidence in Star's business strength and growth prospects. The repurchases may be executed through various methods, including open market transactions, privately negotiated deals, and block trades, with timing and amount depending on market conditions and other factors.

Star Equity Holdings (Nasdaq: STRR) announced the rebranding of its subsidiary Hudson RPO to Hudson Talent Solutions (HTS), marking a strategic evolution in its Business Services division. The rebranding includes the launch of a new website at www.hudsontalent.com and reflects the company's investment in new technologies to deliver comprehensive talent solutions.

Under the leadership of Global CEO Jake Zabkowicz, HTS aims to position itself as a global talent partner offering data-driven, scalable solutions across the entire talent lifecycle. Star Equity CEO Jeff Eberwein emphasized that this rebranding strengthens HTS's global identity and sets the stage for accelerated growth and expanded service offerings.

Hudson Global (Nasdaq: HSON) and Star Equity Holdings (Nasdaq: STRR) have completed their previously announced merger, creating a larger, diversified holding company with pro-forma annualized revenues of $210 million. Under the merger terms, Star common stockholders received 0.23 shares of Hudson Global common stock per share, while Star preferred stockholders received one share of Hudson Global 10% Series A Cumulative Perpetual Preferred Stock.

The combined company will operate across four segments: Building Solutions, Business Services (Hudson RPO), Energy Services, and Investments. Hudson Global plans to change its name to Star Equity Holdings and update its ticker symbols to STRR and STRRP. The merger enables utilization of Hudson Global's significant $240 million U.S. federal net operating losses (NOL) and positions the company for potential inclusion in the Russell 2000 index.

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.