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Star Equity Holdings Inc (STRR) Q3 2024 Earnings Call Highlights: Revenue Surge Amidst ... [Yahoo! Finance]

Star Equity Holdings, Inc. (STRR) 
Company Research Source: Yahoo! Finance
Gross Margin: Declined by 0.5% due to constant fixed costs. SG&A Expenses: Increased by $4 million or 53.7% versus Q3 2023. Net Loss from Continuing Operations: $2 million for Q3 2024, compared to $2.4 million in Q3 2023. Adjusted Net Loss: $0.9 million or $0.31 per share in Q3 2024. Non-GAAP Adjusted EBITDA: Loss of $0.3 million in Q3 2024. Cash Flow from Continuing Operations: Outflow of $3.7 million for the first nine months of 2024. Unrestricted Cash Balance: $5.5 million at the end of Q3 2024. Sale Leaseback Transactions: $8.3 million in net proceeds from two transactions. Public Equity Securities Holdings: $3.2 million at the end of Q3 2024. Warning! GuruFocus has detected 5 Warning Signs with STRR. Release Date: November 19, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Star Equity Holdings Inc ( NASDAQ:STRR ) reported a 30.9% increase in third-quarter revenue compared to the same period in 2023 Show less Read more
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