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Volt Information Sciences, Inc. Reports Third Quarter Fiscal 2021 Financial Results
September 13, 2021 4:05 PM EDTReports Year-Over-Year Revenue Growth and Positive Net Income in Consecutive Quarters
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 third quarter ended August 1, 2021.
Third Quarter Summary
Revenue was $217.5 million, a 17.0% increase compared to the third quarter of fiscal 2020; Adjusted Revenue* increased 15.5%. Gross margin increased 50 basis points year over year to 16.6%. GAAP operating income was $1.6 million, a $5.8 million improvement compared to the prior-year quarter; Adjusted... More