Volt Information Sciences (VISI) Reports Q4 Loss of $0.14, Miss on Revenues

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Volt Reports Fiscal 2018 Fourth Quarter and Full Year Results

January 9, 2019 4:05 PM EST

Company Shows Improved Results and Expects to Achieve Positive Year-Over-Year Revenue Growth in its North American Staffing Segment during First Quarter of Fiscal 2019

NEW YORK--(BUSINESS WIRE)-- Volt Information Sciences, Inc. (Volt or the Company) (NYSE-AMERICAN: VISI), an international provider of staffing services and managed service programs, today reported improved results for its fiscal 2018 fourth quarter. In addition, Volt reported its full year ended October 28, 2018 results. Key highlights include:

Fourth quarter total Company net revenue of $264.8 million declined 8.2%; On a same-store-basis1, net revenue decline of 2.8% improved 780 basis points... More