Staffing 360 Solutions (STAF) Reports Prelim. 1Q Revenues Below Estimates
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Staffing 360 Solutions Announces Preliminary Q1 2018 Results
April 30, 2018 3:45 AM EDTQ1 2018 Revenue Growth of 37%; Gross Profit Growth of 58%
Q1 2018 Highlights:
Revenue growth of 37% to approximately $55.8 millionGross profit growth of 58% to approximately $11.6 millionGross margin strengthened to approximately 20.8%Net loss decreased to approximately $1.3 millionAdjusted EBITDA growth of 55% to approximately $1.6 millionNon-adjusted EBITDA growth by $3.0 million to $1.75 millionNEW YORK, April 30, 2018 (GLOBE NEWSWIRE) -- Â Staffing 360 Solutions, Inc. (Nasdaq: STAF), (STAF 360 or the Company), a staffing solutions company executing an international... More
