AP NEWS

Volt Information: Fiscal 4Q Earnings Snapshot

January 9, 2019

NEW YORK (AP) _ Volt Information Sciences Inc. (VISI) on Wednesday reported a fiscal fourth-quarter loss of $2.9 million, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of 14 cents per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share.

The staffing services provider posted revenue of $264.8 million in the period.

For the year, the company reported a loss of $32.7 million, or $1.55 per share, swinging to a loss in the period. Revenue was reported as $1.04 billion.

In the final minutes of trading on Wednesday, the company’s shares hit $2.89. A year ago, they were trading at $4.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VISI at https://www.zacks.com/ap/VISI

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