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Press Releases

January 08, 2024

NEW YORK --(BUSINESS WIRE)--Jan. 8, 2024-- Steel Connect, Inc. (the “ Company ”) (Nasdaq: STCN), today announced that its Board of Directors (the “ Board ”) further amended its tax benefits preservation plan, dated as of January 19, 2018 , as amended on January 8, 2021 (the “ Plan ”), to extend the[...]

December 14, 2023

First Quarter 2024 Results Net revenue totaled $41.3 million , as compared to $51.4 million in the same period of the prior fiscal year. Net income was $4.4 million , as compared to of $5.0 million in the same period of the prior fiscal year. Net income attributable to common stockholders was $3.9 [...]

November 08, 2023

Fourth Quarter 2023 Results Net revenue from continuing operations totaled $40.8 million , as compared to $53.0 million in the prior year. Net income from continuing operations was $8.1 million , as compared to $2.9 million in the prior year. Net income attributable to common stockholders was $7.6 [...]

June 12, 2023

Third Quarter 2023 Results Net revenue from continuing operations totaled $46.1 million , as compared to $51.5 million in the same period in the prior year. Net income from continuing operations was $3.0 million , as compared to net loss from continuing operations of $9.7 million in the same period [...]

June 07, 2023

NEW YORK --(BUSINESS WIRE)--Jun. 7, 2023-- Steel Connect, Inc. (Nasdaq: STCN), a Delaware corporation and holding company (the “Company” or “Steel Connect”), announced today that it will effect a 1-for-3,500 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.01 per share [...]

May 01, 2023

NEW YORK --(BUSINESS WIRE)--May 1, 2023-- 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 Steel Partners and certain of its affiliates (the “Steel Partners Group”) have [...]