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Steel Connect Reports Financial Results for the Second Quarter of Fiscal 2019

March 11, 2019

Second Quarter Financial Highlights Net revenue of $206.2 million increased by 34.1% versus Q2 of fiscal year 2018 Gross margin of 18.2% improved by 790 basis points versus Q2 of fiscal year 2018 Operating income of $2.1 million improved by $7.8 million versus Q2 of fiscal year 2018 Adjusted EBITDA of $16.4 million increased by […]

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Steel Connect Reports Financial Results for the First Quarter of Fiscal 2019

December 24, 2018

First Quarter Financial Highlights Net revenue of $215.1 million increased by 109.8% versus Q1 of fiscal year 2018 Gross margin of 17.8% improved by 890 basis points versus Q1 of fiscal year 2018 Operating income of $3.5 million improved by $7.4 million versus Q1 of fiscal year 2018 Adjusted EBITDA of $18.6 million increased by […]

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IWCO Direct Achieves G7 Colorspace Master Qualification for Lithographic and Digital Equipment Across its Platform

December 4, 2018

Chanhassen, Minn. (December 04, 2018) — IWCO Direct, a leading provider of data-driven direct marketing solutions, announced it has achieved G7® Colorspace Master Qualification across its platform. Colorspace qualification is the most stringent level of G7 compliance recognized by Idealliance®, a not-for-profit industry group dedicated to guiding print production best practices, specifications, and standards worldwide. […]

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Steel Connect Updates Status of Financial Statement Audit and Reports Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2018

November 1, 2018

Company announces executive leadership changes; Warren Lichtenstein to Become Interim CEO of Steel Connect Upon Filing its Annual Report on Form 10-K; John Whitenack appointed CEO of ModusLink Corporation Fiscal 2018 Financial Highlights (all amounts unaudited) Net revenue of $645.3 million increased by 47.8% versus fiscal year 2017 Gross margin of 15.7% improved by 740 […]

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IWCO Direct Postal Expert Named Vice Chairman of the EMA Board of Directors

October 17, 2018

Chanhassen, Minn. (October 17, 2018) — IWCO Direct, a leading provider of data-driven direct marketing solutions, announced that Kurt Ruppel, director of postal policy and marketing communications, has been named vice chairman of the EMA (formerly the Envelope Manufacturers Association) board of directors. Ruppel will serve a two-year term before transitioning to chairman. EMA is […]

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