Steel Connect Swings To Profit In Q4

Steel Connect Swings To Profit In Q4

Steel Connect, Inc. (STCN) reported Friday net income available to common stockholders for the second quarter of $4.81 million or $0.18 per share, compared to a net loss of $1.06 million or $0.16 per share in the prior-year quarter.

Net revenue for the quarter declined 15.2 percent to $43.05 million from $50.78 million in the same quarter last year.

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