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MLFB Announces Closing of New Financing
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MLFB Announces Closing of New Financing
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See reconciliations of these non-GAAP measurements to the most directly comparable GAAP measures included in the financial tables. See also “Note Regarding Use of Non-GAAP Financial Measurements” below for the definitions of these non-GAAP measures.
The Company continues to evaluate the global risks and the slowdown in business activity related to COVID-19, including the potential impacts on its employees, customers, suppliers and financial results. The severity of the impact on the Company’s business for the remainder of calendar 2021 and beyond will depend on a number of factors, including, but not limited to, the duration and severity of the pandemic, the extent and severity of the impact on the Company’s customers and suppliers, the continued disruption to demand for our businesses’ products and services, and the impact of the global business and economic environment on liquidity and the availability of capital, all of which are uncertain and cannot be predicted. T
Steel Connect Reports Second Quarter Financial Results
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Second Quarter 2021 Results
Net revenue totaled $156.0 million, as compared to $215.5 million in the prior year
Net loss was $2.2 million, as compared to a loss of $3.6 million in the prior year
Net loss attributable to common stockholders was $2.7 million, as compared to a loss of $4.1 million in the prior year
Adjusted EBITDA
Net cash used in operating activities was $20.5 million
Free Cash Flow totaled $296.3 million
Net revenue totaled $326.0 million, as compared to $440.6 million in the prior year
Net loss was $5.7 million, as compared to income of $1.2 million in the prior year
Net loss attributable to common stockholders was $6.8 million, as compared to income of $0.2 million in the prior year
Steel Connect Reports First Quarter Financial Results – Consumer Electronics Net
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