Volt Information Sciences, Inc. provides traditional time, materials-based, and project-based staffing services in the United States, Europe, Canada, and the Asia Pacific. The company operates through North American Staffing, International Staffing, and North American MSP segments. It provides contingent staffing, direct placement, personnel recruitment, staffing management, and other employment services; and managed service programs consisting of managing the procurement, on-boarding of contingent workers, and specialized solutions, such as managing suppliers, sourcing and recruiting support, statement of work management, supplier performance measurement, optimization and analysis, benchmarking of spend demographics and market rate analysis, consolidated customer billing, and supplier payment management solutions. The company also offers call center and payroll services; recruitment process outsourcing; and customized talent and supplier management solutions, as well as act as a subcontractor or associate vendor to other national providers in their MSPs. It serves multinational, national, and local customers in various industries, including aerospace, automotive, banking and finance, consumer electronics, information technology, insurance, life science, manufacturing, media and entertainment, pharmaceutical, software, telecommunication, transportation, and utilities. The company was founded in 1950 and is headquartered in Orange, California.
IPO Year:
Exchange: AMEX
Website: volt.com
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4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
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Tema ETFs ("Tema") is excited to announce the launch of the Tema Electrification ETF (VOLT), on Nasdaq. VOLT is the first ETF globally seeking to provide long-term growth by investing in companies that benefit from the electrification megacycle. AI, mobility, digitization, and reindustrialization are all accelerating power demand for the first time in decades, unlocking trillions of dollars in investment across the electrification value chain. The VOLT portfolio will be managed by Chris Semenuk, who has 25 years' experience, managing $5bn in global equities at TIAA. Chris also manages the Tema American Reshoring ETF (RSHO), which since inception has delivered +66.26% return, ahead of the S&
Volt Information Sciences, Inc. (NYSE:VOLT) ("Volt" or the "Company"), a global provider of staffing services, and Vega Consulting, Inc., ("Vega"), an affiliate of American CyberSystems, Inc. ("ACS"), a global provider of information technology solutions and services (www.acsicorp.com), announced today the completion of Vega's acquisition of Volt. The closing follows completion of the previously announced tender offer (the "Offer") by Vega MergerCo, Inc., a wholly owned subsidiary of Vega ("Merger Sub"), to acquire any and all issued and outstanding shares of common stock of the Company at a purchase price of $6.00 per share. "We are pleased to welcome Volt into our family of companies," s
Volt Information Sciences, Inc. (NYSE:VOLT) ("Volt" or the "Company"), a global provider of staffing services, and Vega Consulting, Inc. ("Parent"), an affiliate of American CyberSystems, Inc. ("ACS"), a global provider of information technology solutions and services (www.acsicorp.com) announced today the expiration of the previously announced tender offer (the "Offer") by Vega MergerCo, Inc. ("Merger Sub") (a wholly owned subsidiary of Parent), to acquire any and all issued and outstanding shares of common stock of the Company (each, a "Share") at a purchase price of $6.00 per Share (such amount, or any other amount per Share from time to time in accordance with the terms of the Merger Ag
Volt Information Sciences, Inc. (NYSE:VOLT), a global provider of staffing services, announced that the board of directors (the "Board") has canceled the 2022 Annual Meeting of Shareholders (the "Annual Meeting") which was scheduled for April 20, 2022. The Annual Meeting has been canceled due to the ongoing tender offer by Vega MergerCo, Inc., a New York corporation ("Merger Sub") (a wholly-owned subsidiary of Vega Consulting, Inc., a Delaware corporation ("Parent")), to acquire any and all issued and outstanding shares pursuant to the Agreement and Plan of Merger, dated as of March 12, 2022, among Volt, Parent and Merger Sub (as it may be amended from time to time, the "Merger Agreement,"
Reports Year-Over-Year Revenue Growth and Improved Operating Results Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT) a global provider of staffing services, today announced financial results for the first quarter ended January 30, 2022. Summary of First Quarter 2022 Results Revenue was $226.9 million, a 4.1% increase compared to the first quarter of fiscal 2021; Adjusted Revenue* increased 4.5%. Gross Margin increased 50 basis points year over year to 15.5%. GAAP Operating Loss was $0.5 million, a $1.2 million improvement compared to the prior-year quarter; Operating Income, excluding impairment and restructuring charges, was $0.1 million. GAAP EPS
Purchase Price of $6.00 per Share in Cash to Deliver a 99% Premium Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT), a global provider of staffing services, and Vega Consulting, Inc. ("Vega"), an affiliate of ACS Solutions ("ACS Solutions"), a global provider of information technology solutions and services (www.acsicorp.com), announced today that Volt and Vega have entered into a definitive merger agreement under which Volt will be acquired for $6.00 per share in cash. This per share purchase price represents a premium of 99% to the Company's closing stock price on March 11, 2022. Vega will commence a tender offer no later than March 25, 2022 to acquire all
Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT), a global provider of staffing services, announced today that it will release financial results for its First Quarter ended January 30, 2022, on Tuesday, March 15th, 2022, after the market close. Linda Perneau, President and Chief Executive Officer, and Paul Tomkins, Interim Chief Financial Officer, will host a conference call that same day at 5:00 PM ET, to review the Company's financial results. Investors interested in participating on the live call can dial 1-877-407-9039 within the U.S. or 1-201-689-8470 from abroad, referencing conference ID: 13727583. Investors can also access the call online through a li
Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT), a global provider of staffing services, today announced that it placed fifth in the Staffing World Summit's "Top 100 Staffing Companies to Work For in 2022". In addition, three Volt executives were individually recognized on the "Top 100 Staffing Leaders to Watch in 2022" list. Lauren Griffin, Chief Client Engagement Officer placed in the top 10. Tim Gates, Vice President, Business Development and Michael Goldberg, Director of Growth & Expansion, were also named to the list. All three excel in offering novel solutions to clients, overcoming challenges and finding ways to do business more effectively. These li
Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT), a global provider of staffing services, today announced that Craig Lewis has been appointed Chief Revenue Officer of the Company, effective January 24, 2022. Mr. Lewis has overall leadership responsibility for Volt's nationwide commercial and technical branch network, as well as the Company's enterprise sales organization. Mr. Lewis brings over 35 years of sales and operations expertise to the Company. Most recently, he served as Senior Vice President of Revenue, North America, at Resources Global Professionals ("RGP"), a multinational provider of professional consulting services and the operating subsidiary o
Reports Year-Over-Year Revenue Growth and Positive Net Income for both the 4th Quarter and Fiscal Year 2021 Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT) a global provider of staffing services, today announced financial results for the fourth quarter and fiscal year ended October 31, 2021. Fourth Quarter 2021 Summary Revenue was $227.8 million, a 7.9% increase compared to the fourth quarter of fiscal 2020; Adjusted Revenue* increased 7.7%. Gross Margin increased 60 basis points year over year to 16.8%. GAAP Operating Income was $2.3 million, a $13.8 million improvement compared to the prior-year quarter; Adjusted Operating Income*, excluding impairm
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Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT), a global provider of staffing services, today announced that Craig Lewis has been appointed Chief Revenue Officer of the Company, effective January 24, 2022. Mr. Lewis has overall leadership responsibility for Volt's nationwide commercial and technical branch network, as well as the Company's enterprise sales organization. Mr. Lewis brings over 35 years of sales and operations expertise to the Company. Most recently, he served as Senior Vice President of Revenue, North America, at Resources Global Professionals ("RGP"), a multinational provider of professional consulting services and the operating subsidiary o
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Reports Year-Over-Year Revenue Growth and Improved Operating Results Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT) a global provider of staffing services, today announced financial results for the first quarter ended January 30, 2022. Summary of First Quarter 2022 Results Revenue was $226.9 million, a 4.1% increase compared to the first quarter of fiscal 2021; Adjusted Revenue* increased 4.5%. Gross Margin increased 50 basis points year over year to 15.5%. GAAP Operating Loss was $0.5 million, a $1.2 million improvement compared to the prior-year quarter; Operating Income, excluding impairment and restructuring charges, was $0.1 million. GAAP EPS
Purchase Price of $6.00 per Share in Cash to Deliver a 99% Premium Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT), a global provider of staffing services, and Vega Consulting, Inc. ("Vega"), an affiliate of ACS Solutions ("ACS Solutions"), a global provider of information technology solutions and services (www.acsicorp.com), announced today that Volt and Vega have entered into a definitive merger agreement under which Volt will be acquired for $6.00 per share in cash. This per share purchase price represents a premium of 99% to the Company's closing stock price on March 11, 2022. Vega will commence a tender offer no later than March 25, 2022 to acquire all
Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT), a global provider of staffing services, announced today that it will release financial results for its First Quarter ended January 30, 2022, on Tuesday, March 15th, 2022, after the market close. Linda Perneau, President and Chief Executive Officer, and Paul Tomkins, Interim Chief Financial Officer, will host a conference call that same day at 5:00 PM ET, to review the Company's financial results. Investors interested in participating on the live call can dial 1-877-407-9039 within the U.S. or 1-201-689-8470 from abroad, referencing conference ID: 13727583. Investors can also access the call online through a li
Reports Year-Over-Year Revenue Growth and Positive Net Income for both the 4th Quarter and Fiscal Year 2021 Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT) a global provider of staffing services, today announced financial results for the fourth quarter and fiscal year ended October 31, 2021. Fourth Quarter 2021 Summary Revenue was $227.8 million, a 7.9% increase compared to the fourth quarter of fiscal 2020; Adjusted Revenue* increased 7.7%. Gross Margin increased 60 basis points year over year to 16.8%. GAAP Operating Income was $2.3 million, a $13.8 million improvement compared to the prior-year quarter; Adjusted Operating Income*, excluding impairm
Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT) a global provider of staffing services, announced today that it will release financial results for its Fourth Quarter and Full-Year ended October 31, 2021, on Wednesday, January 12th, 2022, after the market close. Linda Perneau, President and Chief Executive Officer, and Herb Mueller, Senior Vice President and Chief Financial Officer, will host a conference call that same day at 5:00 PM ET, to review the Company's financial results. Investors interested in participating on the live call can dial 1-877-407-9039 within the U.S. or 1-201-689-8470 from abroad, referencing conference ID: 13725583. Investors can also
Reports Year-Over-Year Revenue Growth and Positive Net Income in Consecutive Quarters Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT) a global provider of staffing services, today announced financial results for the third quarter ended August 1, 2021. Third Quarter Summary Revenue was $217.5 million, a 17.0% increase compared to the third quarter of fiscal 2020; Adjusted Revenue* increased 15.5%. Gross margin increased 50 basis points year over year to 16.6%. GAAP operating income was $1.6 million, a $5.8 million improvement compared to the prior-year quarter; Adjusted Operating Income*, excluding impairment and restructuring charges, was $2.2 million
Volt Information Sciences, Inc. ("Volt" or the "Company") (NYSE-AMERICAN: VOLT) a global provider of staffing services, announced today that it will release financial results for its third quarter ended August 1, 2021, on Monday, September 13th, after the market close. Linda Perneau, President and Chief Executive Officer, and Herb Mueller, Senior Vice President and Chief Financial Officer, will host a conference call that same day at 5:00 PM ET, to review the Company's financial results. Investors interested in participating on the live call can dial 1-877-407-9039 within the U.S. or 1-201-689-8470 from abroad, referencing conference ID: 13722759. Investors can also access the call online
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