Volt Information Sciences Reports 2018 Third Quarter Financial Results

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Volt Information Sciences (VISI) Reports Q3 Loss of $0.54, Miss on Revenues

September 6, 2018 4:11 PM EDT

Volt Information Sciences (NYSE: VISI) reported Q3 EPS of ($0.54), versus $0.00 reported last year. Revenue for the quarter came in at $257.8 million versus the consensus estimate of $288.48 million.

Third quarter net revenue of $257.8 million, down 11.1% year-over-year; on a same-store basis, net revenue declined 6.6% year-over-year excluding net revenue contributed from businesses sold or exited during the past year and the effect of foreign exchange rate fluctuations;Third quarter selling, administrative and other operating costs... More