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STCN News and Press, Steel Connect Inc. From 03/15/23

Stock Information

Company Name: Steel Connect Inc.
Stock Symbol: STCN
Market: NASDAQ
Website: steelconnect.co

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STCN - Steel Connect Reports Second Quarter Fiscal 2023 Financial Results

Second Quarter 2023 Results Net revenue from continuing operations totaled $50.8 million, as compared to $54.3 million in the prior year. Net loss from continuing operations was $0.5 million, as compared to net loss from continuing operations of $1.5 million in the prior year. Net...

STCN - Steel Partners Should Come Back With A More Equitable Offer For Steel Connect

Summary Steel Connect has a large amount of tax assets on its balance sheet. These are valuable to Steel Connect or to its major shareholder Steel Partners. A previously proposed deal was rejected by Steel Connect shareholders. It seems likely, after some time, Steel Partners wi...

STCN - Steel Connect Reports First Quarter Fiscal 2023 Financial Results

First Quarter 2023 Results Net revenue from continuing operations totaled $51.4 million, as compared to $44.4 million in the prior year. Net income from continuing operations was $5.0 million, as compared to net loss from continuing operations of $1.0 million in the prior year. Ne...

STCN - 7 Stocks to Sell Right Now... and 1 to Buy

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Once again, I drew the short (no pun intended) end of the stick and must discuss stocks to sell right now. Understandably a sensitive topic and one that arouses myriad emotions, I’m just going to stick with the hard ...

STCN - Steel Connect GAAP EPS of $0.04, revenue of $53.05M

Steel Connect press release ( NASDAQ: STCN ): Q4 GAAP EPS of $0.04. Revenue of $53.05M (+11.2% Y/Y). For further details see: Steel Connect GAAP EPS of $0.04, revenue of $53.05M

STCN - Steel Connect Reports Fourth Quarter Fiscal 2022 Financial Results

Fourth Quarter 2022 Results Net revenue from continuing operations totaled $53.0 million, as compared to $47.7 million in the prior year. Net income from continuing operations was $2.9 million, as compared to net loss from continuing operations of $0.4 million in the prior...

STCN - Steel Connect Announces Adjournment of Annual Meeting

Steel Connect, Inc. (NASDAQ: STCN), a holding company (the “Company” or “Steel Connect”), announced today that it intends to convene and adjourn, without conducting any other business, the Company’s 2021 Annual Meeting of Stockholders (the “Annu...

STCN - SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HIL, STCN, PING

NEW YORK, NY / ACCESSWIRE / September 19, 2022 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Hill International, Inc. (NYSE:...

STCN - Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Steel Connect Stockholders Vote "FOR" All Proposals Regarding Merger with Steel Partners

Steel Connect Reminds Stockholders to Vote “FOR” All Merger-Related Proposals Annual Meeting of Stockholders to be held on September 30, 2022 Steel Connect, Inc. (NASDAQ: STCN) (the “Company” or “Steel Connect”) announced tod...

STCN - Steel Partners: Company Expects To Ride On Favorable Pricing

Steel Partners recorded an increase in sales by $27.1 million in Q2 2022 despite the divestiture of SLPE due to favorable product pricing. Steel Partners has gained more than 10% year-to-date with investors hopeful that the company will acquire the remaining Steel Connect stake. S...

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