Star Equity Holdings, Inc. reported financial results for the third quarter of 2025, with revenue reaching $48.0 million, a 30.1% increase from the same period in 2024. Gross profit was $20.6 million, up 10.9%. The company reported a net loss of $1.8 million, or $0.54 per diluted share, compared to a net loss of $0.8 million in Q3 2024. Adjusted net income per diluted share was $0.02, a significant improvement from a loss of $0.13 in the prior year.

The company’s CEO, Jeff Eberwein, highlighted the positive impact of the recent merger on third-quarter results, noting increases in revenue, gross profit, and Adjusted EBITDA. The company achieved a turnaround in bottom-line profitability, with Adjusted net income per diluted share improving to $0.02 in Q3 2025.

Hudson Talent Solutions’ Global CEO, Jake Zabkowicz, emphasized the strong performance of the Business Services segment, which continued to grow despite a challenging economic environment. The company was recognized for its excellence in the Asia-Pacific region for the third consecutive year.

Star’s COO, Rick Coleman, highlighted the strong performance of the Building Solutions and Energy Services segments, showcasing the company’s ability to adapt to changing market conditions and pursue growth opportunities.

Following the merger, Star is operating from a stronger, more diversified platform with increased scale and improved operating leverage. The company remains focused on operational excellence, prudent capital allocation, and disciplined growth strategies to drive long-term shareholder value.

Star Equity Holdings, Inc. completed its acquisition of Star Operating Companies, Inc. on August 22, 2025, leading to a name change and new trading symbols on Nasdaq. The company continues to seek acquisitions that align with its diversified holding company strategy, focusing on scalable, cash-generating businesses with strong management teams and competitive advantages.

Read more at GlobeNewswire: Star Equity Holdings Reports 2025 Third Quarter Results