Volt Information Sciences (VISI) Misses Q2 EPS by 6c

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Volt Information Sciences Reports Fiscal 2016 Second Quarter Financial Results

June 8, 2016 4:01 PM EDT

NEW YORK--(BUSINESS WIRE)-- Volt Information Sciences, Inc. (Volt or the Company) (NYSE-MKT: VISI), a global provider of staffing services and information technology infrastructure services, today reported results for its second quarter ended May 1, 2016. Key elements include:

Second quarter net revenue of $335.4 million up 2.6% compared to the prior quarter and down 12.9% year-over-year Second quarter loss from continuing operations of $1.8 million or $2.5 million excluding special items During the second quarter, the Company completed a sale-leaseback transaction for its office facility in Orange, California and sold its office facility in San... More