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-0.0184561314938689 -0.0184561314938689 -0.0184561314938689 -0.0184561314938689 0.0315433830739507 0.0203784429277385 0.00387374879855529 0.000572809972718756
Stock impact report

Steel Connect Reports Fourth Quarter Fiscal 2024 Financial Results

Steel Connect, Inc. (STCN) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its fourth quarter and fiscal year ended July 31, 2024.Results of OperationsDue to the previously disclosed application of pushdown accounting, the Company's consolidated financial statements include a black line division between the two distinct periods to indicate the application of two different bases of accounting, which may not be comparable, between the periods presented. The pre-exchange period through April 30, 2023, is referred to as the "Predecessor" period. The post-exchange period, May 1, 2023, and onward, includes the impact of pushdown accounting and is referred to as the "Successor" period.As it relates to the results of operations, while the Successor period and the Predecessor period are distinct reporting periods, the effects of the change of control for financial statement purposes did not have a material impact on the comparability of our results Show less Read more
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