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Stock impact report

Star Equity Holdings, Inc. Announces 2023 Fourth Quarter and Full Year Financial Results [Yahoo! Finance]

Star Equity Holdings, Inc. (STRR) 
Company Research Source: Yahoo! Finance
OLD GREENWICH, Conn., March 22, 2024 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star Equity” or the “Company”), a diversified holding company, reported today its financial results for the fourth quarter (Q4) and fiscal year (FY) ended December 31, 2023. All 2023 and 2022 amounts in this release are unaudited. Following the sale of our Digirad Health business on May 4, 2023, all financial results for the 2023 and 2022 reporting periods, unless stated otherwise, relate to continuing operations, which currently include two divisions: Construction and Investments. Q4 Financial Highlights vs. Q4 (unaudited) Revenues decreased by 19.8% to $14.1 million from $17.6 million. Gross profit decreased by 47.0% to $2.9 million from $5.4 million. Net income from continuing operations was $1.8 million (or $0.11 income per basic and diluted share) compared to net income from continuing operations of $0.9 million (or $0.06 income per basic and diluted share). No Show less Read more
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