Core Points - Hudson Global, Inc. announced a partial cash dividend of $0.025 per share for its 10% Series A Cumulative Perpetual Preferred Stock, effective from August 22, 2025, with a record date of September 1, 2025, and a payment date of September 10, 2025 [1] - The company completed a merger with Star Equity Holdings, which resulted in the automatic conversion of Star's preferred stock into Hudson Global's Series A preferred stock, trading under the ticker symbol "HSONP" [3] Company Overview - Hudson Global, Inc. is a diversified holding company with four business divisions: Building Solutions, Business Services, Energy Services, and Investments [4] Business Divisions - **Building Solutions**: This division includes modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber (glulam) column, beam, and truss manufacturing [5] - **Business Services**: Provides flexible recruitment solutions for clients at all organizational levels, focusing on mid-market and enterprise-level organizations globally [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]

Core Insights - Hudson Global, Inc. reported financial results for the second quarter ended June 30, 2025, highlighting a modest increase in adjusted net revenue driven by improved business activity, particularly in the Asia Pacific region [1][3] - The company made strategic hires and completed two acquisitions, enhancing its capabilities and marking its entry into the Japanese market [3][4] - A merger agreement with Star Equity Holdings is expected to create significant value for shareholders through increased size and diversification of revenue streams [4] Financial Performance - For Q2 2025, total revenue was $35.5 million, a decrease of 0.5% from Q2 2024, while adjusted net revenue was $18.6 million, an increase of 5.8% [7][40] - The net loss for Q2 2025 was $0.7 million, or $0.23 per diluted share, compared to a net loss of $0.4 million, or $0.15 per diluted share, in Q2 2024 [7][43] - Adjusted EBITDA for Q2 2025 was $1.3 million, up from $0.7 million in the same period last year [7][34] Regional Highlights - In the Americas, revenue was $7.1 million, a 2% increase, while adjusted net revenue decreased by 1% to $6.3 million [5] - Asia Pacific revenue was $21.6 million, a 3% decrease, but adjusted net revenue increased by 17% to $8.8 million [8] - EMEA revenue increased by 6% to $6.8 million, while adjusted net revenue decreased by 9% to $3.5 million [9] Corporate Strategy - The company invested approximately $1.4 million in sales, marketing, and technology in the first half of 2025 to support future growth [3] - The growth strategy focuses on organic expansion, targeted acquisitions, and cross-regional service integration [3] - The company has a $5 million share repurchase program, with $2.1 million remaining [12] Liquidity and Capital Resources - As of June 30, 2025, the company had $17.5 million in cash, including $0.7 million in restricted cash [11] - Cash flow from operations was $0.1 million in Q2 2025, a significant improvement from an outflow of $4.3 million in Q2 2024 [11] NOL Carryforward - As of December 31, 2024, Hudson Global had $240 million of usable net operating losses (NOL) in the U.S., which the company considers a valuable asset [13]

Financial Performance - DHI Group's 2024 revenue was $142 million, with bookings of $141 million[11] - The company's operating cash flow for 2024 was $21 million, and capital expenditures were $14 million[11] - Adjusted EBITDA for 2024 was $35 million, representing a 25% margin[14] - DHI Group repurchased $72 million in shares from 2020 through Q2 2025[14] Business Segments - ClearanceJobs' 2024 revenue was $54 million, with a compound annual growth rate (CAGR) of 16% from 2020 to 2024[42] - Dice's 2024 revenue was $88 million, with a CAGR of 2% from 2020 to 2024[45] - ClearanceJobs has 1900 subscription clients[43] - Dice has 4400 subscription clients[46] Q2 2025 Performance - ClearanceJobs' Q2 2025 revenue increased by 1% year-over-year[84] - Dice's Q2 2025 revenue decreased by 18% year-over-year[100] - ClearanceJobs' Q2 2025 Adjusted EBITDA was $61 million, with a margin of 45%[89] - Dice's Q2 2025 Adjusted EBITDA was $42 million, with a margin of 226%[107]

CHICAGO, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN) ("PDN", or the "Company"), a pioneering technology holding company at the forefront of workforce innovation, AI-powered solutions, and global talent marketplaces, recently announced the appointment of Mr. Xun Wu as its new Chief Executive Officer, effective July 22, 2025. This pivotal leadership transition signals a new era for IPDN, poised for exponential growth, strategic global expansion, and an unwavering comm ...

Core Viewpoint - Hudson Global, Inc. has announced the acquisition of Alpha Consulting Group, marking its entry into the Japanese market and enhancing its leadership position in the APAC region [1][2]. Group 1: Acquisition Details - The acquisition of Alpha Consulting Group (ACG) allows Hudson RPO to provide recruitment services in Japan, targeting a diverse range of clients from small businesses to multinational corporations, particularly in IT Services, Technology, and Business Services sectors [1]. - This move is part of Hudson RPO's localization strategy in the second largest market in APAC and the third largest globally [1]. Group 2: Strategic Implications - The acquisition aligns with Hudson RPO's three-pronged strategy of organic growth and accretive bolt-on acquisitions, focusing on expanding its client base, geographic footprint, and service capabilities [2]. - Hudson RPO gains immediate access to ACG's established client list in Japan, enhancing its ability to support existing clients' needs in the region [2]. Group 3: Company Overview - Hudson RPO is recognized as a leading global provider of flexible and scalable total talent solutions, emphasizing a consultative approach to build diverse, high-impact teams [3]. - The company aims to ignite transformative change at mid-market and enterprise-level organizations worldwide through the integration of people, processes, and technology [3].

Core Insights - Hudson Global, Inc. reported stronger financial results for Q1 2025 compared to Q1 2024, despite an uncertain overall talent environment due to macro conditions [3][8] - The company is optimistic about future growth, particularly in its Hudson RPO segment, which is expected to outperform peers [3] Financial Performance - Total revenue for Q1 2025 was $31.9 million, a decrease of 6% from Q1 2024, while adjusted net revenue increased slightly by 0.4% to $16.4 million [8] - The net loss for Q1 2025 was $1.8 million, or $0.59 per diluted share, an improvement from a net loss of $2.9 million, or $0.95 per diluted share, in Q1 2024 [8][20] - Adjusted EBITDA loss was $0.7 million, a decrease from an adjusted EBITDA loss of $1.5 million in the same period last year [8] Regional Highlights - **Americas**: Revenue increased by 15% to $6.9 million, with adjusted net revenue up 3% to $6.0 million. EBITDA loss improved to $0.1 million from $0.9 million in the previous year [4] - **Asia Pacific**: Revenue decreased by 7% to $19.1 million, while adjusted net revenue increased by 14% to $7.2 million. EBITDA improved to a profit of $0.3 million from a loss of $0.6 million [5] - **EMEA**: Revenue decreased by 7% to $5.9 million, with adjusted net revenue down 19% to $3.2 million. EBITDA loss was $0.6 million compared to a profit of $0.3 million in the previous year [6] Corporate Costs and Liquidity - Corporate costs for Q1 2025 were $0.9 million, down from $1.0 million in the prior year [9] - The company ended Q1 2025 with $17.2 million in cash, including $0.7 million in restricted cash, and used $0.8 million in cash flow from operations [10] Share Repurchase Program - Hudson Global has a $5 million share repurchase program, with $2.5 million spent in 2024 to buy back 154,084 shares, leaving $2.1 million remaining [11] NOL Carryforward - As of December 31, 2024, Hudson Global had $240 million of usable net operating losses (NOL) in the U.S., which the company considers a valuable asset for stockholders [12]