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Volt Information Sciences Reports First-Quarter Fiscal 2015 Results

BusinessWire (03/13/15)

Volt Information Sciences reported net revenue of $383.1 million for the first quarter of fiscal 2015, down 9% from $421.6 million in the first quarter of fiscal 2014. The company reported a net loss of $13.3 million, compared with a net loss of $17.1 million in the year-ago quarter. The company reported that pro forma operating results improved $5.2 million, from a pro forma operating loss of $10.2 million in the first quarter of fiscal 2014 to a loss of $5.0 million in the first quarter of fiscal 2015. Staffing service revenue totaled $360.8 million, down 8% from $392.3 million.