Steel Connect Reports Second Quarter Fiscal 2024 Financial Results
Steel Connect, Inc. (STCN)
Company Research
Source: Business Wire
Second Quarter 2024 ResultsNet revenue totaled $43.0 million, as compared to $50.8 million in the same period of the prior fiscal year.Net income was $5.3 million, as compared to a net loss of $0.5 million in the same period of the prior fiscal year.Net income available to common stockholders was $4.8 million, as compared to a net loss available to common stockholders of $1.1 million in the same period of the prior fiscal year.Adjusted EBITDA* was $3.7 million, as compared to $4.6 million in the same period of the prior fiscal year.Net cash provided by operating activities was $0.1 million.Free Cash Flow* totaled $(1.1) million.Total debt was $12.9 million; Net Cash* totaled $263.5 million.Six-Month Fiscal Year-to-Date Financial ResultsNet revenue totaled $84.4 million, as compared to $102.1 million in the same period of the prior fiscal year.Net income was $9.8 million, as compared to $4.4 million in the same period of the prior fiscal year.Net income available to common stockholders
Show less
Read more
Impact Snapshot
Event Time:
STCN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STCN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STCN alerts
High impacting Steel Connect, Inc. news events
Weekly update
A roundup of the hottest topics
STCN
Sec Filings
- 5/16/24 - Form 8-K
- 5/15/24 - Form 13F-NT
- 5/3/24 - Form 8-K
- STCN's page on the SEC website