Steel Connect, Inc. (STCN)

NASDAQ: STCN · IEX Real-Time Price · USD
12.67
-0.26 (-2.01%)
Jul 16, 2024, 12:14 PM EDT - Market open
-2.01%
Market Cap 80.76M
Revenue (ttm) 169.05M
Net Income (ttm) 87.45M
Shares Out 6.30M
EPS (ttm) 3.13
PE Ratio 4.09
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,873
Open 12.85
Previous Close 12.93
Day's Range 12.67 - 12.85
52-Week Range 7.36 - 13.00
Beta 0.21
Analysts n/a
Price Target n/a
Earnings Date Jun 6, 2024

About STCN

Steel Connect, Inc., together with its subsidiaries, provides supply chain services in the United States, Mainland China, Netherlands, and internationally. It offers product configuration and packaging, kitting, and assembly of components and parts into finished goods; and value-added processes, such as product testing, radio frequency identification tagging, product or service activation, language settings, personalization and engraving, multi-channel packaging, and packaging design services. The company provides fulfillment services comprisin... [Read more]

Sector Industrials
IPO Date Jan 25, 1994
Employees 1,000
Stock Exchange NASDAQ
Ticker Symbol STCN
Full Company Profile

Financial Performance

In 2022, Steel Connect's revenue was $203.27 million, a decrease of -10.16% compared to the previous year's $226.26 million. Losses were -$13.10 million, -71.85% less than in 2021.

Financial Statements

News

Steel Connect Reports Third Quarter Fiscal 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its third quarter ended April 30, 2024. Results of Operations During the current qua...

5 weeks ago - Business Wire

Steel Connect Reports Second Quarter Fiscal 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its second quarter ended January 31, 2024. Results of Operations The financial infor...

4 months ago - Business Wire

ModusLink Corporation Earns Intel's 2023 EPIC Distinguished Supplier Award

ModusLink Corporation is one of only 22 Distinguished Award recipients across Intel's global supply chain. ModusLink Corporation is one of only 22 Distinguished Award recipients across Intel's global ...

5 months ago - GlobeNewsWire

Glancy Prongay & Murray LLP Announces Investigation of Steel Connect, Inc. (STCN)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Steel Connect, Inc. (Nasdaq: STCN) concerning the Company and its directors' and officers' possible violat...

6 months ago - Business Wire

Steel Connect, Inc. Amends Tax Benefits Preservation Plan

NEW YORK--(BUSINESS WIRE)--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...

6 months ago - Business Wire

Steel Connect Reports First Quarter Fiscal 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its first quarter ended October 31, 2023. Results of Operations The financial inform...

7 months ago - Business Wire

Steel Connect Reports Fourth Quarter Fiscal 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its fourth quarter and fiscal year ended July 31, 2023. Results of Operations The fi...

8 months ago - Business Wire

Steel Connect Reports Third Quarter Fiscal 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its third quarter ended April 30, 2023. Recent Developments On May 1, 2023, the Comp...

1 year ago - Business Wire

Steel Connect, Inc. Announces Reverse/Forward Stock Split

NEW YORK--(BUSINESS WIRE)--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 ...

1 year ago - Business Wire

Steel Partners and Steel Connect Close Exchange Transaction

NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (“Steel Partners”) and Steel Connect, Inc. (NASDAQ: STCN) (“Steel Connect”) today announced t...

Other symbols: SPLP
1 year ago - Business Wire

Steel Connect Reports Second Quarter Fiscal 2023 Financial Results

SMYRNA, Tenn.--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its second quarter ended January 31, 2023. Results of Operations The financial ...

1 year ago - Business Wire

Steel Connect Reports First Quarter Fiscal 2023 Financial Results

SMYRNA, Tenn.--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its first quarter ended October 31, 2022.

1 year ago - Business Wire

Steel Partners and Steel Connect Announce Termination of Merger

NEW YORK & SMYRNA, Tenn.--(BUSINESS WIRE)--Steel Connect, Inc. (NASDAQ: STCN), a holding company (the “Company” or “Steel Connect”), announced today that Steel Partners Holdings L.P. (NYSE: SPLP), a...

Other symbols: SPLP
1 year ago - Business Wire

Steel Connect Announces Adjournment of Annual Meeting

SMYRNA, Tenn.

1 year ago - Business Wire

Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Steel Connect Stockholders Vote “FOR” All Proposals Regarding Merger with Steel Partners

SMYRNA, Tenn.--(BUSINESS WIRE)--Steel Connect, Inc. (NASDAQ: STCN) (the “Company” or “Steel Connect”) announced today that leading independent proxy advisory firms Institutional Shareholder Services, ...

1 year ago - Business Wire

SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates RFP, VIVO, EGY, STCN

NEW YORK , Aug. 22, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches...

Other symbols: EGYRFP
2 years ago - PRNewsWire

Labaton Sucharow Researching Possible Violations of Law - Steel Connect Inc. (STCN)

NEW YORK--(BUSINESS WIRE)--Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, announces that it is investigating claims on behalf of investors of Steel Connect Inc. (NASD...

2 years ago - Business Wire

STEEL CONNECT INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Steel Partners Buyout of Steel Connect – STCN, SPLP

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of Steel Connect, I...

Other symbols: SPLP
2 years ago - Business Wire

Steel Connect Reports Third Quarter Fiscal 2022 Financial Results

SMYRNA, Tenn.--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its third quarter ended April 30, 2022. "For the third quarter, ModusLink remai...

2 years ago - Business Wire

SHAREHOLDER ALERT: Weiss Law Investigates Steel Connect, Inc.

NEW YORK , June 13, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Steel Connect, Inc. ("Steel Connect" or...

Other symbols: SPLP
2 years ago - PRNewsWire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Steel Connect, Inc. Buyout

Wilmington, Delaware--(Newsfile Corp. - June 13, 2022) - Rigrodsky Law, P.A. is investigating Steel Connect, Inc. ("Steel Connect") (NASDAQ: STCN) regarding possible breaches of fiduciary duties and o...

Other symbols: SPLP
2 years ago - Newsfile Corp

Shareholder Alert: Ademi LLP investigates whether Steel Connect, Inc. has obtained a Fair Price in its transaction with Steel Partners

MILWAUKEE , June 13, 2022 /PRNewswire/ -- Ademi LLP is investigating Steel Connect (NASDAQ:STCN) for possible breaches of fiduciary duty and other violations of law in its transaction with Steel Partn...

2 years ago - PRNewsWire

STCN Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of Steel Connect, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Steel Connect, Inc. (NASDAQ: STCN) to Steel Partners Holdings L.P. is fair to Steel Conne...

2 years ago - Business Wire

Here's Why Steel Connect Shares Are Up Premarket

Steel Partners Holdings LP (NYSE: SPLP) agreed to acquire the remaining shares of Steel Connect, Inc (NASDAQ: STCN) for $1.35 per share in cash and earn-out consideration. Steel Connect shares closed ...

Other symbols: SPLP
2 years ago - Benzinga