Steel Connect, Inc. (STCN) Reports Q3 EPS of $0.04

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Go back to Steel Connect, Inc. (STCN) Reports Q3 EPS of $0.04

Steel Connect Reports Third Quarter Fiscal 2023 Financial Results

June 12, 2023 4:36 PM EDT

Third Quarter 2023 Results

Net revenue from continuing operations totaled $46.1 million, as compared to $51.5 million in the same period in the prior year. Net income from continuing operations was $3.0 million, as compared to net loss from continuing operations of $9.7 million in the same period in the prior year. Net income attributable to common stockholders was $2.5 million, as compared to net income attributable to common stockholders of $29.7 million in the same period in the prior year. Adjusted EBITDA* was $5.2 million, as compared to $0.9 million in the same period in the prior... More