Volt Solar Systems, Inc. (VOLT) Tops Q1 EPS by 11c, Revenues Beat
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Volt Information Sciences, Inc. Reports First Quarter Fiscal 2021 Financial Results
March 16, 2021 4:05 PM EDTReports Year-Over-Year Revenue Growth and Improved Operating Results
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 first quarter ended January 31, 2021.
First Quarter Summary
Revenue was $218.0 million, compared to $217.8 million in the first quarter of fiscal 2020; Adjusted Revenue* increased 0.4%. Gross margin was 15.0%, a 60-basis point increase compared to the prior-year quarter. GAAP operating loss for the quarter was ($1.7) million, a $7.6 million improvement compared to the... More