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Press Releases

June 14, 2022

Third Quarter Fiscal 2022 Results Net revenue totaled $51.5 million , as compared to $49.4 million in the same period in the prior year Net loss from continuing operations, net of income taxes was $9.7 million , as compared to a net loss from continuing operations of $9.3 million in the same period[...]

June 13, 2022

NEW YORK & SMYRNA, Tenn. --(BUSINESS WIRE)--Jun. 13, 2022-- Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (“Steel Partners”) and Steel Connect, Inc. (NASDAQ: STCN) (“Steel Connect”) today announced that they have signed a definitive merger agreement pursuant to [...]

March 17, 2022

Second Quarter Fiscal 2022 Results Net revenue totaled $120.6 million , as compared to $156.0 million in the same period in the prior year Net loss was $23.0 million , as compared to a net loss of $2.2 million in the same period in the prior year Net loss attributable to common stockholders was [...]

February 25, 2022

SMYRNA, Tenn. --(BUSINESS WIRE)--Feb. 25, 2022-- Steel Connect, Inc. (“ Steel Connect”) (NASDAQ: STCN) today announced the full disposition of its wholly owned subsidiary, IWCO Direct Holdings, Inc. (“IWCO”), to an investor group led by affiliates of Cerberus Capital Management, L.P. [...]

December 13, 2021

First Quarter 2021 Results Net revenue totaled $125.4 million , as compared to $169.9 million in the same period in the prior year Net loss was $19.5 million , as compared to net loss of $3.6 million in the same period in the prior year Net loss attributable to common stockholders was $20.0 million [...]

October 29, 2021

Fourth Quarter 2021 Results Net revenue totaled $136.0 million , as compared to $164.9 million in the prior year Net loss was $11.0 million , as compared to net loss of $0.4 million in the prior year Net loss attributable to common stockholders was $11.6 million , as compared to net loss of $0.9 [...]