Steel Connect Second Quarter 2023 Earnings: US$0.018 loss per share (vs US$0.034 loss in 2Q 2022)

Steel Connect (NASDAQ:STCN) Second Quarter 2023 Results

Key Financial Results

• Revenue: US$50.8m (down 6.5% from 2Q 2022).
• Net loss: US$1.06m (loss narrowed by 48% from 2Q 2022).
• US$0.018 loss per share (improved from US$0.034 loss in 2Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Steel Connect's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Steel Connect is showing 2 warning signs in our investment analysis and 1 of those is significant...

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