Star Equity Q1 net loss widens to $3.8 million; revenue rises 57.1% to $50.1 million
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- Star Equity Holdings posted a net loss of USD 3.8 million, widening from USD 1.8 million, as revenue climbed 57.1% to USD 50.1 million.
- Net loss attributable to common shareholders widened to USD 4.4 million; basic and diluted loss per share deepened to USD 1.17.
- EBITDA loss widened to USD 3.1 million from USD 1.5 million, while gross profit rose 25.4% to USD 20.6 million.
- Building Solutions generated USD 11.6 million of revenue, citing weather-related disruptions and project timing delays; Business Services revenue rose 10% to USD 35 million.
- Energy Services delivered operating income of USD 0.5 million on USD 3.5 million of revenue, while cash and cash equivalents and restricted cash fell to USD 10.3 million from USD 13.4 million as of March 31, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Star Equity Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001210708-26-000055), on May 12, 2026, and is solely responsible for the information contained therein.
