OLD GREENWICH, Conn., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR and STRRP) formerly, Hudson Global, Inc. (Nasdaq: HSON and HSONP) (“Star” or the “Company”), a diversified holding company, announced today that its management team will present and host one-on-one meetings with investors at Noble Capital Markets Emerging Growth Virtual Conference, which will take place from February 4-5, 2026. Star’s main presentation is scheduled for Thursday, February 5 at 2:30pm ET. Investor ...

Company Overview - Janus International Group, Inc. is a leading provider of access control technologies and building product solutions for the self-storage and other commercial and industrial sectors [1][3] - The company manufactures and supplies turn-key self-storage, commercial, and industrial building solutions, including roll-up and swing doors, hallway systems, relocatable storage units, and facility and door automation technologies [3] Upcoming Event - Janus International Group will participate in the CJS Securities 26th Annual New Ideas for the New Year Conference, scheduled to be held virtually on January 14, 2026 [1] - Ramey Jackson, CEO, and Anselm Wong, CFO, will present at 9:30 am ET, and the presentation will be accessible via a webcast on the company's website [2]

Core Viewpoint - Star Equity Holdings, Inc. is actively engaging with investors and presenting at the Noble Capital Markets Emerging Growth Conference, indicating a focus on growth and investor relations [1][2]. Company Overview - Star Equity Holdings, Inc. is a diversified holding company aiming to build long-term shareholder value through the acquisition, management, and growth of businesses with strong fundamentals and market opportunities [3]. - The company operates through four divisions: Building Solutions, Business Services, Energy Services, and Investments [3]. Recent Developments - On August 22, 2025, the company completed the acquisition of Star Operating Companies, Inc., which was part of a merger agreement finalized on May 21, 2025. This merger resulted in the company changing its name and trading symbols on Nasdaq to STRR and STRRP effective September 5, 2025 [4]. Division Summaries - **Building Solutions**: This division focuses on modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber (glulam) products [5]. - **Business Services**: Provides flexible recruitment solutions to a global clientele, targeting mid-market and enterprise organizations, and emphasizes building diverse, high-impact teams [6]. - **Energy Services**: Engages in the rental, sale, and repair of downhole tools for various industries including oil and gas, geothermal, mining, and water-well [7]. - **Investments**: Manages and finances the company's real estate assets and investment positions in both private and public companies [8].

Financial Data and Key Metrics Changes - For Q3 2025, revenue totaled $48 million, representing a 30% increase from Q3 2024. Gross profit rose 11% [4] - The company reported a net loss of $1.8 million, or $0.54 per share, compared to a net loss of $800,000, or $0.28 per diluted share in the same quarter last year [4] - On a non-GAAP basis, adjusted net income per share was $0.02 compared to an adjusted net loss of $0.13 per share in the prior year quarter [4] - Pro forma adjusted earnings per share were positive $0.19 versus negative $0.54 in the third quarter a year ago [5] - Adjusted EBITDA increased to $1.3 million from $800,000 in the third quarter of last year, reflecting improved operating leverage following the merger [5] Business Line Data and Key Metrics Changes - Business services revenue was $37 million, slightly up from $36.9 million the same period last year, with gross profit remaining flat at $18.6 million [8] - Building solutions revenue totaled $9.6 million, with a gross profit of $1.7 million and adjusted EBITDA of $600,000 [11] - On a pro forma basis, building solutions revenue was $21.4 million, up from $13.7 million in Q3 2024, with pro forma gross profit rising to $5.3 million [11] - Energy services revenue was $1.3 million, with gross profit of $300,000 and adjusted EBITDA of $100,000 [13] - Pro forma energy services revenue increased to $3.7 million, gross profit reached $1.5 million, and pro forma adjusted EBITDA rose to $1 million [13] Market Data and Key Metrics Changes - The broader acquisition market has contracted in 2025 compared to 2024, but the business services segment maintained profitability [6] - The building solutions segment capitalized on the rebound in commercial construction demand while managing through softness in residential markets [11] - The energy services segment achieved strong results despite a broader slowdown across the energy sector [13] Company Strategy and Development Direction - The company is operating as a diversified holding company with four divisions: building solutions, business services, energy services, and investments [3] - The strategy emphasizes expanding geographical footprint and broadening service offerings to existing and prospective clients [9] - The company is focused on operational excellence and prudent capital allocation to maximize shareholder returns [16] - A new $3 million share repurchase program has been authorized, reflecting confidence in long-term growth prospects [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the integration of the recent merger and the realization of efficiencies across shared services [14] - The company aims to achieve $2 million in synergies from the merger, with expectations to reach this run rate within six months [52] - Management noted that the current environment is characterized by low attrition rates at Fortune 500 companies, indicating a potential recovery in the market [55] Other Important Information - The company repurchased about 8% of its shares outstanding during the third quarter, demonstrating confidence in its intrinsic value [16] - The building solutions segment ended the quarter with a $20 million backlog of committed orders, indicating a healthy pipeline [12] Q&A Session Summary Question: Record performance in building solutions - Management acknowledged strong throughput from projects that were previously delayed, contributing to record performance [19] Question: Seasonal trends in revenue - Management indicated that the fourth quarter's performance is dependent on weather patterns and site readiness [20] Question: Business services revenue differences by region - Management explained that the adjusted net revenue as a percentage of sales is higher in the Americas due to significant growth and the nature of the RPO business [26] Question: Update on European market performance - Management noted a downturn in the European market but expressed optimism about future growth due to a new management team [28][31] Question: Expected synergies from the merger - Management confirmed the target of $2 million in synergies, expected to be realized within six months [52] Question: Future acquisitions and growth strategy - Management indicated a focus on adding size to existing businesses and exploring bolt-on acquisitions in existing geographies [35]

Consolidated Financial Results (Q3 2025) - Revenue increased by 301% to $480 million compared to $369 million in Q3 2024[9] - Gross Profit increased by 109% to $206 million compared to $186 million in Q3 2024[9] - Adjusted EBITDA increased significantly by 558% to $13 million compared to $08 million in Q3 2024[9] - Pro Forma Adjusted EBITDA increased dramatically by 4087% to $31 million compared to $06 million in Q3 2024[9] - Net Loss increased by 1085% to $(18) million compared to $(08) million in Q3 2024[9] Consolidated Financial Results (Q3 YTD 2025) - Revenue increased by 84% to $1154 million compared to $1065 million in Q3 YTD 2024[12] - Gross Profit increased by 59% to $557 million compared to $525 million in Q3 YTD 2024[12] - Adjusted EBITDA increased substantially by 45107% to $20 million compared to approximately $0 million in Q3 YTD 2024[12] - Net Loss slightly increased by 05% remaining nearly constant at $(42) million compared to $(42) million in Q3 YTD 2024[12] Building Solutions (Q3 2025 Pro Forma) - Revenue increased significantly by 565% to $214 million compared to $137 million in Q3 2024[19] - Gross Profit increased substantially by 875% to $53 million compared to $28 million in Q3 2024[19] - Adjusted EBITDA increased dramatically by 287% to $26 million compared to $07 million in Q3 2024[19]

Core Insights - Star Equity Holdings, Inc. reported a significant year-over-year increase in revenue, gross profit, and Adjusted EBITDA for Q3 2025, primarily due to the merger completed on August 22, 2025 [3][6][21] - The company achieved an adjusted net income per diluted share of $0.02 in Q3 2025, a notable improvement from a loss of $0.13 in Q3 2024, indicating a turnaround in profitability [3][6] - The Building Solutions and Energy Services segments showed strong performance, with Building Solutions revenue increasing to $21.4 million on a pro forma basis, up from $13.7 million in the prior year [9][12] Financial Performance - Total revenue for Q3 2025 was $48.0 million, a 30.1% increase from Q3 2024 [6] - Gross profit for the same period was $20.6 million, reflecting a 10.9% increase year-over-year [6] - Adjusted EBITDA rose to $1.3 million compared to $0.8 million in Q3 2024, while pro forma adjusted EBITDA was $3.1 million versus $0.6 million in the prior year [6] Segment Highlights - **Building Solutions**: Revenue reached $9.6 million with a gross profit of $1.7 million; pro forma revenue was $21.4 million, up from $13.7 million in Q3 2024 [9][10] - **Business Services**: Revenue was $37.0 million, slightly up from $36.9 million in the previous year, with gross profit remaining flat at $18.6 million [11] - **Energy Services**: Revenue was $1.3 million with a gross profit of $0.3 million; pro forma revenue was $3.7 million [12] Corporate Actions - The company repurchased approximately 8% of its outstanding shares in Q3 2025 and authorized a new $3 million share repurchase program, reflecting confidence in long-term value [4][17] - As of September 30, 2025, total cash, including restricted cash, was $18.5 million [15] Future Outlook - The company is focused on driving long-term shareholder value through organic growth, disciplined capital allocation, and potential acquisitions [5] - Star Equity is evaluating acquisition opportunities that align with its diversified holding company strategy, targeting scalable and cash-generating businesses [5]

Corporate Earnings Drive Pre-Market Activity - Amgen Inc. reported a 12% increase in total revenues to $9.6 billion and non-GAAP EPS of $5.64, exceeding forecasts and leading to a 3% rise in stock [3] - Lumentum Holdings Inc. saw a 17% stock increase after reporting Q3 2025 EPS of $0.57 on revenues of $425.2 million, driven by growth in its Cloud and Networking segment [4] - Rivian Automotive, Inc. reported Q3 2025 revenues of $1.56 billion, surpassing estimates, with a narrower loss per share of -$0.65 and a 47% year-over-year increase in automotive sales [5] - Johnson Controls International plc reported an adjusted EPS of $1.05 and sales of $6.1 billion, representing a 6% organic increase year-over-year, with an 11% growth in backlog [6] - The New York Times Company added 460,000 digital-only subscribers, boosting total revenue by 9.5% year-over-year to $700.8 million [7] Media and Global Trade Developments - China's Foreign Minister announced willingness to negotiate a free trade agreement with the European Union, emphasizing cooperation over rivalry [9] - The New York Times Company demonstrated strength in digital transformation, contributing to its revenue growth [7] Crude Oil Markets Face Headwinds - WTI crude oil prices are trading near $60.59, facing downward pressure from a stronger U.S. dollar and increased U.S. crude inventories [10] - OPEC+ has paused output hikes for Q1 2026, agreeing to a modest increase in December, but market sentiment remains cautiously bearish [10]

Core Viewpoint - Star Equity Holdings, Inc. is actively engaging with investors through presentations and meetings at the upcoming LD Micro Conference, highlighting its strategic focus on building long-term shareholder value through diversified business operations [1][2][4]. Company Overview - Star Equity Holdings, Inc. is a diversified holding company that aims to build long-term shareholder value by acquiring, managing, and growing businesses with strong fundamentals and market opportunities [4]. - The company operates through four divisions: Building Solutions, Business Services, Energy Services, and Investments [4]. Recent Developments - On August 22, 2025, the company completed the acquisition of Star Operating Companies, Inc., which was part of a merger agreement finalized on May 21, 2025. This merger resulted in the company changing its name and trading symbols on Nasdaq [5]. Division Summaries - **Building Solutions**: This division focuses on modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber manufacturing [6]. - **Business Services**: This division provides flexible recruitment solutions to a global clientele, servicing organizations from entry-level to C-suite positions, with a focus on mid-market and enterprise organizations [7]. - **Energy Services**: This division is involved in the rental, sale, and repair of downhole tools for various industries, including oil and gas, geothermal, mining, and water-well [8]. - **Investments**: This division manages and finances the company's real estate assets and investment positions in both private and public companies [9].

Pro Medicus Ltd (PME) - The share price of Pro Medicus Ltd has increased by 22.5% since the beginning of 2025 [1] - Pro Medicus specializes in radiology software, providing solutions such as Radiology Information Systems (RIS), Picture Archiving and Communication Systems (PACS), and advanced visualization tools [2] - The flagship product, Visage software, enables radiologists to remotely view large image files on mobile devices, facilitating on-the-go diagnostic decisions [3] - Currently, Pro Medicus Ltd has a price-sales ratio of 200.05x, significantly higher than its 5-year average of 82.69x, indicating that shares are trading above historical averages despite revenue growth over the last three years [6] James Hardie Industries plc (JHX) - James Hardie Industries is the largest global producer of fiber cement and gypsum products, operating in North America, Europe, Australia, and New Zealand with over 5,200 employees [4] - The main advantages of fiber cement products include fire resistance, water and termite damage resistance, durability, and low maintenance requirements [4] - JHX shares currently trade at a price-sales ratio of 1.79x, which is lower than its 5-year average of 4.14x, suggesting that shares are undervalued compared to historical performance [7]

Group 1: James Hardie Industries - James Hardie Industries is a building solutions company and the world's largest producer of fibre cement and gypsum products, operating across North America, Europe, Australia, and New Zealand with over 5,200 employees [1] - The share price of James Hardie Industries (ASX:JHX) has decreased by approximately 41.8% since the beginning of 2025 [1] - Currently, James Hardie Industries plc shares have a price-sales ratio of 2.77x, which is lower than its 5-year average of 4.14x, indicating that the shares are trading below historical averages despite revenue growth over the last three years [7] Group 2: CSL Limited - CSL is a global biotechnology company focused on creating and delivering life-saving medicines, with a mission to protect public health and improve the quality of life for individuals with life-threatening conditions [3] - The company operates through three main divisions: CSL Behring, which manufactures blood plasma products; CSL Seqirus, which develops flu-related products; and CSL Vifor, specializing in iron deficiency and nephrology [4] - CSL has established a strong reputation among Australian investors for reliability and consistent dividend payouts, making it a favored choice for those seeking exposure to the growing healthcare sector [5] - CSL is currently paying a trailing dividend yield of around 1.95%, which is higher than its 5-year average of 1.50%, indicating stability and the ability to provide income [8]