VOLT - Earnings announcements

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