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Stock impact report

Star Equity Holdings, Inc. Announces 2024 Third Quarter Financial Results

Star Equity Holdings, Inc. (STRR) 
Company Research Source: GlobeNewswire
Recent large commercial contract wins validate optimism for Building Solutions upturn Enservco investment diversifies portfolio; marks entry into Energy Services and Transportation & Logistics OLD GREENWICH, Conn., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”), a diversified holding company, reported today its financial results for the third quarter (Q3) ended September 30, 2024. All 2024 and 2023 amounts in this release are unaudited. Following the sale of our Digirad Health business on May 4, 2023, all financial results for the 2023 reporting period, unless stated otherwise, relate to continuing operations, which currently include two divisions: Building Solutions (formerly known as Construction) and Investments. Q3 2024 Financial Highlights vs. Q3 2023 (unaudited) Revenues increased by 30.9% to $13.7 million from $10.4 million.Gross profit increased by 27.9% to $2.8 million from $2.2 million.Net loss from contin Show less Read more
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