Exhibit 99.1 For immediate release August 13, 2024 Star Equity Holdings, Inc. Announces 2024 Second Quarter Financial Results Timber Technologies acquisition marks major Company milestone; diversifies Building Solutions division revenue streams and improves Star's overall cash flow and profitability Recent sale-leaseback transactions significantly improve liquidity position and ability to execute growth strategy Announces $1 million common stock repurchase program Old Greenwich, CT. - Star Equity Holdings, ...

Monetizes Two Real Estate Assets for $8.3 Million Proceeds to be Deployed into Accretive Acquisitions OLD GREENWICH, Conn., July 19, 2024 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) ("Star" or the "Company"), a diversified holding company, announced today that Star Real Estate Holdings USA, Inc. ("SRE"), the real estate arm of the Company's Investments division, has closed two sale-leaseback transactions for its South Paris, Maine and Big Lake, Minnesota facilities, totaling approxi ...

OLD GREENWICH, Conn., July 01, 2024 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) ("Star" or the "Company"), a diversified holding company, announced today changes in the composition of its board of directors (the "Board") to better reflect the current businesses owned by Star and its go-forward strategy. Effective today, the Company has appointed Todd Fruhbeis, Jennifer Palmer, and Louis Parks as independent directors to its Board of Directors replacing legacy directors John Gildea a ...

OLD GREENWICH, Conn., June 12, 2024 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (NASDAQ:STRR, STRRP))) ("Star" or the "Company"), a diversified holding company, announced today a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-5 (the "Reverse Split") and that it has filed a Certificate of Amendment of the Company's Restated Certificate of Incorporation in order to effect the Reverse Split. The Reverse Split will take effect after market close on June 14, 2024, and common ...

OLD GREENWICH, Conn., May 22, 2024 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (NASDAQ:STRR, STRRP))) ("Star Equity" or the "Company"), a diversified holding company, announced today that its Board of Directors (the "Board") declared a cash dividend to holders of the Company's 10% Series A Cumulative Perpetual Preferred Stock of $0.25 per share. The record date for this dividend is June 1, 2024, and the payment date is June 11, 2024. About Star Equity Holdings, Inc. Star Equity Holdings, Inc. is a divers ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (203) 489-9500 (Registrant's Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: FOR THE TRANSITION PERIOD FROM TO Star Equity Holdings, Inc. (Ex ...

Rick Coleman Non-GAAP adjusted EBITDA from continuing operations was a loss of $1.1 million in Q1 versus a positive $0.8 million in Q1 of 2023. On a standalone basis before public company costs, our Building Solutions Division generated a non-GAAP adjusted EBITDA loss of $0.3 million in Q1, which was down from positive $2.2 million in Q1 of 2023. Conference Call Participants Theodore O'Neill - Litchfield Hills Research Tate Sullivan - Maxim Group Operator Please also note that on this call, management will ...

Nasdaq: STRR / STRRP Star Equity Holdings Announces Acquisition of Timber Technologies A Colfax, WI-based manufacturer of Engineered Wood Products ("EWP") May 20, 2024 | --- | --- | --- | --- | --- | --- | |-------|---------------------------------------------|-------|-------|-------|-------| | | | | | | | | ✓ | Enters Engineered Wood Product Market | | | | | | ✓ | Diversifies Revenue Sources and End Markets | | | | | | ✓ | Substantially Improves Cash Flow | | | | | 1 www.starequity.com FORWARD LOOKING STAT ...

Old Greenwich, CT. - Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) ("Star" or the "Company"), a diversified holding company, reported today its financial results for the first quarter (Q1) ended March 31, 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 (forme ...

Ended the first quarter with cash and cash equivalents of $14.7 million Well positioned to expand existing businesses organically and through acquisitions Timber Technologies acquisition marks a significant step forward in growth strategy OLD GREENWICH, Conn., May 20, 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 first quarter (Q1) ended March 31, 2024. All 2024 and 2023 amounts ...