Steel Partners Holdings, L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management and logistics, banking, food products and services, sports, training, education, and the entertainment and lifestyle businesses. It operates through Diversified Industrial, Energy, Financial Services, and Corporate and Other segments. The company fabricates precious metals and alloys into brazing alloys; manufactures seamless stainless steel tubing coils; offers supplies fasteners and fastening systems for the commercial low slope roofing industry; manufactures sheet and mechanically formed glass and aramid materials for specialty applications; and provides specia...
590 Madison Avenue
New York, NY 10022
Founded in 1992
Steel Partners Holdings L.P Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2016
Aug 4 16
Steel Partners Holdings L.P reported earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company's revenues were $281,568,000 compared to $251,654,000 a year ago. Income before taxes and equity method investments was $14,427,000 compared to $14,199,000 a year ago. Net income from continuing operations was $9,859,000 compared to $9,154,000 a year ago. Net income was $9,859,000 compared to $9,006,000 a year ago. Net income attributable to common unit holders was $9,209,000 compared to $10,579,000 a year ago. Net income per common unit basic and diluted was $0.35 compared to $0.38 per share diluted a year ago.
For the six months, the company's revenues were $528,822,000 compared to $466,235,000 a year ago. Income before taxes and equity method investments was $25,944,000 compared to $31,465,000 a year ago. Net income from continuing operations was $12,203,000 compared to $27,961,000 a year ago. Net income was $12,203,000 compared to $114,784,000 a year ago. Net income attributable to common unit holders was $11,171,000 compared to $89,010,000 a year ago. Net income per common unit basic and diluted was $0.42 compared to $3.20 per share diluted a year ago.
Steel Partners Holdings L.P Appoints Effrey A. Svoboda as Vice Chairman
Jun 14 16
Steel Partners Holdings L.P announced that Jeffrey A. Svoboda, currently SVP of Handy & Harman Ltd. (HNH")
and co-President & co-Chief Executive Officer of HNH's subsidiary Handy & Harman Group Ltd., has been appointed Vice Chairman of the general partner of the Company.
Steel Partners Holdings L.P., Handy & Harman Ltd. and Steel Excel Inc. Announce Executive Changes
May 23 16
Steel Partners Holdings L.P. announced that the Company’s Chief Financial Officer, James F. McCabe, Jr., resigned on May 19, 2016 to pursue other interests. Mr. McCabe has also resigned as Chief Financial Officer of SPLP’s affiliates Handy & Harman Ltd. and Steel Excel Inc. Douglas B. Woodworth, Vice President and Controller of HNH, has been promoted internally and will replace Mr. McCabe as Chief Financial Officer of SPLP as well as of HNH and SXCL. Mr. Woodworth has over two decades of progressive responsibility in accounting and finance. Prior to joining SPLP, Mr. Woodworth was Vice President and Corporate Controller with SunEdison Inc., as well as Vice President and Corporate Controller of Globe Specialty Metals Inc. Prior to that, Mr. Woodworth held positions of increasing responsibility with Praxair Inc.