Volt is a global provider of talent, technology and consulting solutions. Founded in 1950, Volt services industries worldwide including aerospace, banking & finance, consumer electronics, IT, insurance, life sciences, manufacturing, media & entertainment, pharmaceutical, software, telecommunications, transportation and utilities. Volt operates a network of locations throughout North and South America, Europe and Asia.
Talent services delivered by Volt include contingent labor sourcing, professional search, workforce management programs, and recruitment process outsourcing.
Volt’s technology solutions include: cloud-based technology platforms for hosted, VOIP and IVR call centers; Vendor Management Software (VMS) and e-procurement technologies; Infrastructure Support Services (ISS) for mission-critical, multi-platform data center environments; consumer and business information services; and engineering, installation and maintenance solutions for voice, video, data and security platforms.
Volt’s consulting organization offers workflow automation, workforce design, project management, process re-engineering, and outsourced technology solutions that enable companies to sharpen their organizational performance and delivery.
Each sophisticated, scalable solution delivered by Volt brings together teams of experts and quality processes (Six Sigma, ISO, CMMi, SAS 70), enabling clients to adapt with speed and agility to opportunities in today’s dynamic business environment.
Company Growth (employees)
Volt Information Sciences was founded in 1950 and is headquartered in New York, US
Volt Information Sciences Office Locations
Volt Information Sciences has offices in New York and Orange
New York, US (HQ)
5 Bryant Park 1065 Ave Of The Americas
Orange, US
2401 N Glassell St
Volt Information Sciences Data and Metrics
Volt Information Sciences Financial Metrics
Volt Information Sciences's revenue was reported to be $1.3 b in FY, 2016 which is a 11% decrease from the previous period.
Numbers are in $, USD
Revenue (FY, 2016) | 1.3 b |
Revenue growth (FY, 2015 - FY, 2016), % | (11%) |
Gross profit (FY, 2016) | 1.1 b |
Gross profit margin (FY, 2016), % | 79% |
Net income (FY, 2016) | (14.6 m) |
EBIT (FY, 2016) | 4.7 m |
Market capitalization (12-Jun-2017) | 85.8 m |
Closing share price (12-Jun-2017) | 5.1 |
Cash (30-Oct-2016) | 6.4 m |
Volt Information Sciences's current market capitalization is $85.8 m.
| Numbers are in $, USD | Y, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|
Revenue | 2.2 b | 2.1 b | 1.7 b | 1.5 b | 1.3 b |
Revenue growth, % | (7%) | (18%) | (12%) | (11%) | |
Cost of goods sold | 284.7 m | ||||
Gross profit | 1.1 b | ||||
Gross profit Margin, % | 79% | ||||
Operating expense total | 2.3 b | 423.6 m | 362.3 m | 52.2 m | |
EBIT | (7.4 m) | (28.6 m) | 4.8 m | (12.8 m) | 4.7 m |
EBIT margin, % | (0%) | (1%) | 0% | (1%) | 0% |
Interest expense | (2.9 m) | 795 k | 811 k | 830 k | |
Interest income | 592 k | 18 k | 74 k | 17 k | |
Pre tax profit | (11.2 m) | 5.7 m | 1.5 m | 2.9 m | |
Income tax expense | 2.4 m | 1.2 m | 1.4 m | 138 k | |
Net Income | (13.6 m) | (30.9 m) | (19 m) | (24.6 m) | (14.6 m) |
| Numbers are in $, USD | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|
Cash | 26.5 m | 11.1 m | 9.1 m | 10.2 m | 6.4 m |
Current Assets | 469.4 m | 410.4 m | 358.4 m | 279.9 m | 260.6 m |
PP&E | 39.1 m | 37.3 m | 26.3 m | 24.1 m | 30.1 m |
Goodwill | 6.4 m | 5.1 m | |||
Total Assets | 557.6 m | 500.3 m | 424.3 m | 326.8 m | 316.5 m |
Accounts Payable | 86.5 m | 57.2 m | 55.9 m | 39.2 m | 32.4 m |
Current Liabilities | 379 m | 355.7 m | 305.3 m | 135.8 m | 126.5 m |
Additional Paid-in Capital | 71.6 m | 72 m | 73.2 m | 75.8 m | 76.6 m |
Retained Earnings | 113.8 m | 83 m | 64.1 m | 38 m | 21 m |
Total Equity | 143.1 m | 110.2 m | 64.5 m | 49 m | |
Financial Leverage | 3.9 x | 4.5 x | 5.1 x | 6.5 x |
| Numbers are in $, USD | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|
Net Income | (13.6 m) | 1.6 m | (19 m) | (24.6 m) | (14.6 m) |
Depreciation and Amortization | 16.5 m | 3.6 m | 9.3 m | 6.8 m | 6 m |
Accounts Receivable | (15 m) | (7.2 m) | 34.7 m | 29.9 m | 5 m |
Accounts Payable | (13.1 m) | 561 k | 1 m | (13 m) | (6.7 m) |
Cash From Operating Activities | (40.4 m) | (9 m) | 35.6 m | 43.3 m | (7.6 m) |
Purchases of PP&E | (13.7 m) | (4.7 m) | (5.3 m) | (8.6 m) | (17.6 m) |
Cash From Investing Activities | (7.6 m) | (4.4 m) | (1.3 m) | (7.4 m) | 18.8 m |
Short-term Borrowings | 32.5 m | 2.4 m | (38.6 m) | ||
Long-term Borrowings | (708 k) | (265 k) | (839 k) | (832 k) | (7.3 m) |
Cash From Financing Activities | 30.4 m | 1.5 m | (18.1 m) | (24.1 m) | (11.4 m) |
Interest Paid | 3.3 m | ||||
Income Taxes Paid | (238 k) | (1.2 m) | (2.7 m) | 1.1 m | (1.7 m) |
| Numbers are in $, USD | Y, 2016 |
|---|---|
Revenue/Employee | 48.7 k |
Financial Leverage | 6.5 x |
