Business Wire (09/12/14)
Volt Information Sciences Inc. reported net revenue of $437 million in the third quarter of fiscal 2014, down 13.3% from $504.2 million in the third quarter of fiscal 2013. The company reported a net loss for the quarter of $2.3 million, compared with a net loss of $3.7 million for the same period last year. Staffing service revenue totaled $397 million, down 12.9% from $455.8 million in the third quarter of fiscal 2013.
From Gibraltar: Exclusive Guide to Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.