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Press Releases

Date Title and Summary Additional Formats
Toggle Summary Steel Partners Holdings Reports Third Quarter Financial Results
Third Quarter 2020 Highlights Revenue totaled $330.0 million , a decrease of 11.1% Net income from continuing operations was $37.4 million Net income attributable to common unitholders was $38.3 million , or $0.79 per diluted common unit Adjusted EBITDA * increased to $73.3 million ; Adjusted
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Toggle Summary Steel Partners Holdings Declares Regular Quarterly Distribution on its Series A Preferred Units
NEW YORK --(BUSINESS WIRE)--Aug. 19, 2020-- Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable September 15, 2020 , to unitholders of record as of
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Toggle Summary Steel Partners Holdings Reports Second Quarter 2020 Financial Results
Second Quarter 2020 Highlights Revenue totaled $295.4 million , a decrease of 23.4% Net loss from continuing operations was $0.4 million Net loss attributable to common unitholders was $1.9 million , or $0.07 per common unit Adjusted EBITDA * decreased to $38.9 million ; Adjusted EBITDA margin *
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Toggle Summary Steel Partners Holdings Announces Retirement of Board Member Joseph L. Mullen
NEW YORK --(BUSINESS WIRE)--Jul. 2, 2020-- Steel Partners Holdings L.P. (NYSE: SPLP) (" Steel Partners " or the "Company") today announced that Joseph L. Mullen has retired from its Board of Directors. Joseph Mullen has served on the Board of Directors of Steel Partners since July 15, 2009 ,
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Toggle Summary Steel Partners Holdings Declares Regular Quarterly Distribution on Its Series A Preferred Units
NEW YORK --(BUSINESS WIRE)--May 22, 2020-- Steel Partners Holdings L.P. (NYSE: SPLP) (the "Company" or "SPLP"), a diversified global holding company, today announced that the board of directors of its general partner has declared a regular quarterly distribution equal to $0.375 per unit, payable
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Toggle Summary Steel Partners Holdings L.P. Announces Rich Ballenger Named President of Lucas-Milhaupt
NEW YORK --(BUSINESS WIRE)--May 20, 2020-- Steel Partners Holdings L.P. (NYSE: SPLP) today announced the appointment of Rich Ballenger as the President of Lucas-Milhaupt, succeeding John Ashe who will become CEO of IWCO Direct and Chairman of Lucas-Milhaupt.
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Toggle Summary Steel Partners Holdings Reports First Quarter Financial Results; Provides Update on COVID-19 Actions
NEW YORK --(BUSINESS WIRE)--May 7, 2020-- Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced operating results for the first quarter ended March 31, 2020 . Financial Overview First quarter of 2020 compared with first quarter of 2019 Revenue for the 2020
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Toggle Summary Steel Partners Holdings Provides COVID-19 Update
NEW YORK --(BUSINESS WIRE)--Apr. 15, 2020-- Steel Partners Holdings L.P. (NYSE: SPLP) (“SPLP” or the “Company”) today announced additional measures focused on employee health and safety and cash management. The Company has continued to aggressively manage the business to mitigate the effects of the
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Toggle Summary Steel Partners Holdings Provides COVID-19 Update
NEW YORK --(BUSINESS WIRE)--Mar. 25, 2020-- Steel Partners Holdings L.P. (NYSE: SPLP) (" Steel Partners " or the "Company") today announced business and financial updates in response to the impact of the novel coronavirus (COVID-19) pandemic. The Company continues to evaluate the global risks to
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Toggle Summary Steel Partners Holdings Announces Board and Management Fee Deferrals
NEW YORK --(BUSINESS WIRE)-- Steel Partners Holdings L.P. (NYSE: SPLP) today announced that it is taking proactive steps to minimize the potential impacts of the coronavirus (COVID-19) on the Company. In light of the unprecedented circumstances and the rapidly changing situation concerning the
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