Volt Information Sciences (VISI) Tops Q1 EPS by 2c
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Volt Information Sciences Reports Fiscal 2017 First Quarter Financial Results
March 8, 2017 4:01 PM ESTNEW YORK--(BUSINESS WIRE)-- Volt Information Sciences, Inc. (Volt or the Company) (NYSE-MKT: VISI), an international provider of staffing services and technology outsourcing services, today reported results for its fiscal 2017 first quarter ended January 29, 2017. Key elements include:
Continued to slow the revenue decline with net revenue of $313.0 million down 4.3% year-over-year, a significant improvement compared to the year-over-year decline of 14.6% in the first quarter last year First quarter gross margin percentage of 15.0% increased 110 basis points year-over-year Best first quarter financial results in five years with net loss of $4.6... More