Yahoo Finance Steel Connect Second Quarter 2023 Earnings: US$0.018 loss per share (vs US$0.034 loss in 2Q 2022)
Steel Connect (NASDAQ:STCN) Second Quarter 2023 Results
Key Financial Results
Revenue: US$50.8m (down 6.5% from 2Q 2022).
Net loss: US$1.06m (loss narrowed by 48% from 2Q 2022).
US$0.018 loss per share (improved from US$0.034 loss in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Steel Connect's share price is broadly unchanged from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Steel Connect (at least 1 which doesn't sit too well with us), and understanding them should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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