OLD GREENWICH, Conn. (AP) — OLD GREENWICH, Conn. (AP) — Star Equity Holdings, Inc. (STRR) on Friday reported a loss of $1.8 million in its second quarter.
On a per-share basis, the Old Greenwich, Connecticut-based company said it had a loss of 66 cents. Losses, adjusted for severance costs and non-recurring costs, came to 15 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The staffing company posted revenue of $54.9 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $56.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STRR at https://www.zacks.com/ap/STRR
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