Volt Solar Systems, Inc. (VOLT) Tops Q4 EPS by 10c, Revenues Beat

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Volt Information Sciences, Inc. Reports Fourth Quarter and Fiscal 2020 Financial Results

January 13, 2021 4:05 PM EST

Reports Highest Quarterly Adjusted EBITDA in Four Years

Expect Continued Improvement in Profitability for 2021

ORANGE, Calif.--(BUSINESS WIRE)-- Volt Information Sciences, Inc. (Volt or the Company) (NYSE-AMERICAN: VOLT) a global provider of staffing services, today announced financial results for the fourth quarter and year ended November 1, 2020.

Fourth Quarter Results

Revenue of $211.1 million, compared to $258.4 million in the fourth quarter of fiscal 2019, which included $18.9 million related to the extra fiscal week in fiscal 2019; Adjusted Revenue decreased 11.0%. Gross margin... More