Star Equity Holdings Inc. Reports 41.7% Revenue Increase to $12.9 Million in Q1 2025; Net Loss of $1.2 Million, EPS at $0.37

Reuters
05-14
Star Equity Holdings Inc. Reports 41.7% Revenue Increase to $12.9 Million in Q1 2025; Net Loss of $1.2 Million, EPS at $0.37

Star Equity Holdings Inc. reported its financial results for the first quarter of 2025, highlighting a significant improvement in operating performance. The company achieved a non-GAAP adjusted net income of $1.7 million, or $0.52 per basic and diluted share, a turnaround from the non-GAAP adjusted net loss of $1.4 million, or $0.44 per basic and diluted share, recorded in the same period last year. Non-GAAP adjusted EBITDA for Q1 2025 showed a loss of $0.8 million, an improvement from the $1.1 million loss in the prior year quarter. This positive change is attributed mainly to the enhanced performance of the Building Solutions division. Cash flow from operations saw a considerable improvement, with an inflow of $563 thousand in Q1 2025, compared to an outflow of $2.4 million in Q1 2024. This increase in net cash from operating activities is largely due to favorable operational results and strong accounts receivable collections. The company reported a record backlog of $27.9 million in its Building Solutions segment, indicating robust demand for new projects. Despite economic uncertainties and project delays affecting EdgeBuilder-Glenbrook, Star Equity Holdings remains optimistic about converting its strong sales pipeline into signed contracts in the coming months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Star Equity Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000707388-25-000074), on May 14, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10