Earnings Call Summary | Star Equity(STRR.US) Q1 2024 Earnings Conference
Earnings Call Summary | Star Equity(STRR.US) Q1 2024 Earnings Conference
The following is a summary of the Star Equity Holdings, Inc. (STRR) Q1 2024 Earnings Call Transcript:
以下是Star Equity Holdings, Inc.（STRR）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Star Equity Holdings' Q1 2024 revenue decreased by 26.1% to $9.1 million.
The gross profit margin fell from 34.6% last year to 17.3% this year. The company reported a net loss of $2.2 million from continuing operations.
Non-GAAP adjusted EBITDA from continuing operations was a loss of $1.1 million in Q1 2024.
The company ended Q1 2024 with a consolidated unrestricted cash balance of $14.7 million, higher than $5 million a year ago.
Star Equity Holdings的2024年第一季度收入下降了26.1％，至910萬美元。
毛利率從去年的34.6％下降到今年的17.3％。該公司報告持續經營淨虧損220萬美元。
2024年第一季度，來自持續經營業務的非公認會計准則調整後的息稅折舊攤銷前利潤爲虧損110萬美元。
截至2024年第一季度，該公司的合併無限制現金餘額爲1470萬美元，高於去年同期的500萬美元。
Business Progress:
業務進展：
Star Equity made a strategic acquisition of manufacturer Timber Technologies to expand and diversify its revenue base.
Despite current economic challenges, the company maintains a solid sales pipeline and is actively exploring investment opportunities for future growth.
Star Equity plans expansions in the Building Solutions Division and entry into new industries through acquisitions, anticipating growth in the engineered wood products industry.
Star Equity對製造商Timber Technologies進行了戰略收購，以擴大和分散其收入基礎。
儘管當前面臨經濟挑戰，但該公司仍保持穩健的銷售渠道，並正在積極探索未來增長的投資機會。
Star Equity計劃擴大建築解決方案部門，並通過收購進入新行業，預計工程木製品行業將實現增長。
More details: Star Equity IR
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Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。