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Star Equity Holdings, Inc. Announces 2024 First Quarter Financial Results
SGUStar Group(SGU) globenewswire.com·2024-05-20 12:35

Ended the first quarter with cash and cash equivalents of 14.7millionWellpositionedtoexpandexistingbusinessesorganicallyandthroughacquisitionsTimberTechnologiesacquisitionmarksasignificantstepforwardingrowthstrategyFormoreinformationonthetransaction,pleasevisitwww.starequity.com.RevenuesTheCompany′sQ12024revenuesdecreased26.114.7 million Well positioned to expand existing businesses organically and through acquisitions Timber Technologies acquisition marks a significant step forward in growth strategy For more information on the transaction, please visit www.starequity.com. Revenues The Company's Q1 2024 revenues decreased 26.1% to 9.1 million from 12.3millioninQ12023.∣Revenuesin12.3 million in Q1 2023. | Revenues in thousands | Q1 2024 | | Q1 2023 | | % change | | --- | --- | --- | --- | --- | - ...