Star Equity Holdings, Inc.
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- Business
- Star Equity Holdings, Inc. (Nasdaq: STRRP) is a diversified holding company that operates through three primary divisions: Building Solutions, Energy Services, and Investments; the Building Solutions division manufactures modular housing units, structural wall panels, permanent wood foundation systems, glue-laminated timber columns, beams and trusses, and other engineered wood products while supplying building materials to general contractors; the Energy Services division provides rental, sales, and repair of downhole tools for the oil and gas, geothermal, mining, and water-well industries; and the Investments division manages corporate-owned real estate assets for leasing, primarily to support manufacturing operations, along with a portfolio of investments in private and public companies. Founded in 1985 and headquartered in Old Greenwich, Connecticut, the company conducts operations principally in the United States with select international activities. In May 2025, Star Equity signed a definitive merger agreement with Hudson Global, Inc. (Nasdaq: HSON), with shareholder approval meetings held on August 21, 2025, aimed at creating a larger entity with enhanced scale, revenue diversification across talent solutions and industrial sectors, pro forma annualized revenues of $210 million, and utilization of $240 million in net operating loss carryforwards; the company also reported strong Q2 2025 results with revenues up 75.8% to $23.7 million, driven by 51.2% growth in Building Solutions and a $25.7 million backlog, plus a $5.5 million realized gain from its investment in Servotronics, acquired by TransDigm Group.
Company News
Star Equity Holdings, Inc. Declares Cash Dividend of $0.25 Per Share of 10% Series A Cumulative Perpetual Preferred Stock
Star Equity (NASDAQ:STRRP) Shares Down 1.3% – Should You Sell?
Harte Hanks Enters Definitive Agreement to Be Acquired by Star Equity Holdings for $5.00 Per Share
Star Equity Holdings Reports 2026 Second Quarter Results
Star Equity Holdings Enters Into Merger Agreement to Acquire Harte Hanks
Star Equity Holdings to Release Second Quarter 2026 Financial Results on August 14
Star Equity Holdings Added to the Russell Microcap® Index
Star Equity Holdings to Present at the Noble Capital Markets Emerging Growth Virtual Conference on June 3-4
Star Equity Holdings, Inc. Declares Cash Dividend of $0.25 Per Share of 10% Series A Cumulative Perpetual Preferred Stock
Star Equity (NASDAQ:STRRP) Trading 4.3% Higher – Here’s What Happened