Stock Analysis

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

Published
NasdaqCM:STCN
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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).
earnings-and-revenue-history
NasdaqCM:STCN Earnings and Revenue History March 18th 2023

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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