Hot Stock under Consideration: Steel Connect Inc. (NASDAQ: STCN)

I am Ronnie Reuter and I focus on breaking news stories and ensuring we (“The New York Journal”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector.

I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for The New York Journal specializing in quicker moving active shares with a short term view on investment opportunities and trends.

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Ronnie Reuter

WALTHAM, Mass, May 15, 2020 – Steel Connect Inc. (NASDAQ: STCN) reported net revenue of $819.80M for the twelve months ended July 31, 2019, compared to $645.20M for the same period in the prior year, an increase of $174.60M or 27.1%. The year-over-year improvement was primarily related to the Direct Marketing segment as IWCO Direct was acquired in December 2017. Supply Chain revenues […]

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