Steel Connect, Inc. (STCN)
Market Cap | 77.59M |
Revenue (ttm) | 171.33M |
Net Income (ttm) | 18.83M |
Shares Out | 6.29M |
EPS (ttm) | 0.99 |
PE Ratio | 12.67 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 527 |
Open | 12.58 |
Previous Close | 12.58 |
Day's Range | 12.35 - 12.58 |
52-Week Range | 7.36 - 12.60 |
Beta | 0.24 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jun 10, 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]
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 StatementsNews
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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.
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...
Steel Connect Reports Fourth Quarter Fiscal 2022 Financial Results
SMYRNA, Tenn.
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, ...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
Steel Partners and Steel Connect Enter Into Definitive Merger Agreement
NEW YORK & SMYRNA, Tenn.--(BUSINESS WIRE)--Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (“Steel Partners”) and Steel Connect, Inc. (NASDAQ: STCN) (“Steel Connect”) t...