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15-12B/A - VOLT INFORMATION SCIENCES, INC. (0000103872) (Filer)
15-12B - VOLT INFORMATION SCIENCES, INC. (0000103872) (Filer)
S-8 POS - VOLT INFORMATION SCIENCES, INC. (0000103872) (Filer)
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,"
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
4 - VOLT INFORMATION SCIENCES, INC. (0000103872) (Issuer)
SC 13G - VOLT INFORMATION SCIENCES, INC. (0000103872) (Subject)
SC 13G/A - VOLT INFORMATION SCIENCES, INC. (0000103872) (Subject)
SC 13G/A - VOLT INFORMATION SCIENCES, INC. (0000103872) (Subject)
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 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
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 Agr
Benzinga Pro data, Volt Information Sciences (AMEX:VOLT) reported Q1 sales of $226.93 million. Earnings fell to a loss of $1.22 million, resulting in a 191.93% decrease from last quarter. Volt Information Sciences earned $1.33 million, and sales totaled $227.81 million in Q4. What Is Return On Capital Employed? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q1, Volt Informatio
Volt Information Sciences (AMEX:VOLT) reported its Q1 earnings results on Tuesday, March 15, 2022 at 06:00 AM. Here's what investors need to know about the announcement. Earnings Volt Information Sciences beat estimated earnings by 123.08%, reporting an EPS of $0.03 versus an estimate of $-0.13. Revenue was up $8.97 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.04 which was followed by a 3.7% increase in the share price the next day. Here's a look at Volt Information Sciences's past performance: Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021 EPS Estimate 0.07 0.04 -0.01 -0.19