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Volt Information Sciences Reports Operating Income in the Second Quarter

Business Wire (06/13/2014)

Volt Information Sciences Inc. reported net revenues of $451.5 million in the second quarter of 2014, down 12% from $519.7 million in the first quarter of 2013. The company reported a net loss of $3.5 million, down 80% from $17.5 million.

“We are particularly pleased with our staffing segment results, as we grew operating income by over 400% on a year-to-year basis, despite a 15% decline in revenue,” said Ron Kochman, Volt president and chief executive officer.