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Volt Information Sciences, Inc. Reports Fourth Quarter and Fiscal 2021 Financial Results
January 12, 2022 4:05 PM ESTReports Year-Over-Year Revenue Growth and Positive Net Income for both the 4th Quarter and Fiscal Year 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 fiscal year ended October 31, 2021.
Fourth Quarter 2021 Summary
Revenue was $227.8 million, a 7.9% increase compared to the fourth quarter of fiscal 2020; Adjusted Revenue* increased 7.7%. Gross Margin increased 60 basis points year over year to 16.8%. GAAP Operating Income was $2.3 million, a $13.8 million... More