The Latest

Press Releases

January 11, 2021

SMYRNA, Tenn. --(BUSINESS WIRE)--Jan. 11, 2021-- Steel Connect, Inc. (the “Company”) (NASDAQ: STCN) announced today that its Special Committee of independent directors (the “Special Committee”) has retained Houlihan Lokey as its financial advisor and Dentons US LLP as its legal counsel to assist it[...]

January 08, 2021

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

December 11, 2020

First Quarter 2021 Highlights Net revenue totaled $169.9 million , as compared to $225.2 million in the prior year Net (loss) income for the quarter was $(3.6) million , as compared to $4.8 million in the prior year Net (loss) income attributable to common stockholders was $(4.1) million , as [...]

October 26, 2020

WALTHAM, Mass. --(BUSINESS WIRE)--Oct. 26, 2020-- Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced the appointment of Renata Simril to the Company’s Board of Directors effective October 23, 2020 . “We are pleased to welcome Renata as a new independent director to the Steel Connect [...]

September 30, 2020

Fourth Quarter 2020 Highlights Net revenue totaled $164.9 million , as compared to $204.5 million in the prior year Net loss for the quarter was $0.4 million , an improvement of $37.6 million Net loss attributable to common stockholders was $0.9 million , an improvement of $37.6 million Adjusted [...]

June 16, 2020

WALTHAM, Mass. --(BUSINESS WIRE)--Jun. 16, 2020-- Steel Connect, Inc. (NASDAQ: STCN) today announced the appointment of Fawaz Khalil as the President and Chief Executive Officer of ModusLink , succeeding John Whitenack . Khalil joins ModusLink with an extensive background in growing and managing [...]