Volt Information Sciences
- Revenue$822.1 MFY, 2020
- Market Capitalization$132.3 M2022-04-25
OverviewSuggest Edit
Volt Information Sciences is a provider of staffing services, outsourcing solutions, and information technology infrastructure services. Its staffing services include providing contingent workers and personnel recruitment services, supporting professional administration, technical, information technology, and engineering positions. The company also offers outsourcing solutions consist of project-based IT and technology services including development, quality assurance, localization, and technical support, as well as information technology infrastructure services, such as server, storage, network, and desktop IT hardware maintenance, data center and network monitoring, and operations support.
| Type | Public | |
| Founded | 1957 | |
| HQ | Orange, CA, US | Map |
| Website | volt.com | |
| Employee Ratings | ||
| Overall Culture | A | More |
Key People/Management at Volt Information Sciences
Linda Perneau
President and Chief Executive Officer
Herb Mueller
Senior Vice President and Chief Financial Officer
Nancy Avedissian
Senior Vice President, Chief Legal Officer and Corporate Secretary
Lenny Naujokas
Chief Accounting Officer and Controller
Lori Schultz
Chief Global Solutions Officer
Chris Kelly
Senior Vice President, Strategic Solutions
Volt Information Sciences Office Locations
Volt Information Sciences has offices in Orange, Atlanta, Auburn, Austin and in 48 other locations
Orange, CA, US (HQ)
2401 N Glassell St
Atlanta, GA, US
900 Ashwood Pkwy #250
Auburn, WA, US
1002 15th St SW #212
Austin, TX, US
9601 Amberglen Blvd #120
Bakersfield, CA, US
4560 California Ave #100
Carlsbad, CA, US
5050 Avenida Encinas #100
Volt Information Sciences Financials and Metrics
Volt Information Sciences Revenue
Volt Information Sciences's revenue was reported to be $822.06 m in FY, 2020 which is a 17.6% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2021) | 217.5m |
Gross profit (Q3, 2021) | 36.2m |
Gross profit margin (Q3, 2021), % | 16.6% |
Net income (Q3, 2021) | 615.0k |
EBIT (Q3, 2021) | 1.6m |
Market capitalization (25-Apr-2022) | 132.3m |
Closing stock price (25-Apr-2022) | 6.0 |
Cash (1-Aug-2021) | 49.6m |
EV | 183.9m |
Volt Information Sciences's current market capitalization is $132.3 m.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 253.4m | 252.1m | 233.2m | 217.8m | 207.3m | 185.9m | 218.0m | 222.1m | 217.5m |
Cost of goods sold | 215.7m | 215.8m | 197.5m | 186.3m | 175.0m | 156.0m | 185.3m | 185.6m | 181.3m |
Gross profit | 37.7m | 36.3m | 35.6m | 31.4m | 32.2m | 30.0m | 32.7m | 36.5m | 36.2m |
Gross profit Margin, % | 15% | 14% | 15% | 14% | 16% | 16% | 15% | 16% | 17% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 32.9m | 39.7m | 36.0m | 30.9m | 26.2m | 30.9m | 40.1m | 47.2m | 49.6m |
Accounts Receivable | 150.3m | 139.2m | 135.8m | 125.1m | 116.4m | 108.4m | 129.9m | 127.4m | 127.2m |
Current Assets | 201.2m | 194.5m | 189.6m | 172.1m | 170.5m | 170.7m | 188.0m | 195.0m | 197.2m |
PP&E | 24.5m | 24.9m | 25.2m | 25.3m | 24.8m | 23.7m | 21.4m | 20.2m | 19.0m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (3.2m) | (8.4m) | (14.4m) | (10.8m) | (16.2m) | (21.1m) | (2.4m) | (567.0k) | 48.0k |
Depreciation and Amortization | 1.6m | 3.4m | 5.1m | 2.0m | 4.0m | 5.9m | 1.7m | 3.7m | 5.6m |
Accounts Payable | (7.1m) | (7.3m) | 1.1m | (6.5m) | (6.6m) | (9.5m) | (5.5m) | (6.4m) | (2.6m) |
Cash From Operating Activities | 2.0m | 9.5m | 10.2m | 33.0k | 2.9m | 13.1m | (6.5m) | 1.8m | 4.9m |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 51.7k |
Debt/Equity | 1 x |
Debt/Assets | 0.2 x |
Financial Leverage | 4.7 x |
Volt Information Sciences Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Delta Resources | December 31, 1980 | |
| Alphanumeric Publication Systems | December 31, 1972 | |
| Arctern Consulting Private Limited | ||
| Arctern, Inc. | ||
| Nuco I, Ltd. | ||
| ProcureStaff Technologies, Ltd. | ||
| P/S Partner Solutions, Ltd. | ||
| VMC Consulting Europe Limited | ||
| VMC Consulting Germany Gmbh | ||
| VMC Services India Private Limited |
Volt Information Sciences Revenue Breakdown
Volt Information Sciences revenue breakdown by business segment: 96.2% from Staffing Services and 3.8% from Other
Volt Information Sciences revenue breakdown by geographic segment: 12.1% from International and 87.9% from Domestic
Volt Information Sciences Cybersecurity Score
Volt Information Sciences Online and Social Media Presence
1.94k Twitter followers
Volt Information Sciences has 1.94k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.3% quarter over quarter
Volt Information Sciences's Trends
Twitter Engagement Stats for @voltworkforce
11k
Tweets
4.1k
Following
1.9k
Followers
22
Tweets last 30 days
0.7
Avg. likes per Tweet
54.5%
Tweets with engagement
Volt Information Sciences Company Culture
Overall Culture
A
81/100
CEO Rating
A+
81/100
Compensation
C+
69/100
Diversity
C
68/100
Volt Information Sciences News and Updates
Volt Information Sciences Blogs
April 25, 2022
Vega Consulting Completes Acquisition of Volt Information Sciences, Inc.
ORANGE, Calif. & ATLANTA--(BUSINESS WIRE)--
Volt Information Sciences, Inc. (NYSE American: VOLT) (“Volt” or the “Company”), a global provider of staffing services, and Vega Consulting, Inc., (“Vega”), an affiliate of American CyberSystems, Inc. (“ACS”), a global provider of information tech…
April 22, 2022
Volt and Vega Consulting Announce Final Results of Tender Offer to Acquire Volt
ORANGE, Calif. & ATLANTA--(BUSINESS WIRE)--
Volt Information Sciences, Inc. (NYSE American: VOLT) (“Volt” or the “Company”), a global provider of staffing services, and Vega Consulting, Inc. (“Parent”), an affiliate of American CyberSystems, Inc. (“ACS”), a global provider of information tec…
March 15, 2022
Volt Information Sciences, Inc. Reports First Quarter 2022 Financial Results
Reports Year-Over-Year Revenue Growth and Improved Operating Results
ORANGE, Calif.--(BUSINESS WIRE)--
Volt Information Sciences, Inc. (“Volt” or the “Company”) (NYSE-AMERICAN: VOLT) a global provider of staffing services, today announced financial results for the first quarter ended January 3…
March 14, 2022
Volt Information Sciences to be Acquired by an Affiliate of ACS Solutions
Purchase Price of $6.00 per Share in Cash to Deliver a 99% Premium
ORANGE, Calif. & ATLANTA--(BUSINESS WIRE)--
Volt Information Sciences, Inc. (“Volt” or the “Company”) (NYSE-AMERICAN: VOLT), a global provider of staffing services, and Vega Consulting, Inc. (“Vega”), an affiliate of ACS So…
February 14, 2022
Volt Ranked 5th in Staffing World Summit’s Top 100 Staffing Companies to Work for In 2022
ORANGE, Calif.--(BUSINESS WIRE)--
Volt Information Sciences, Inc. (“Volt” or the “Company”) (NYSE-AMERICAN: VOLT), a global provider of staffing services, today announced that it placed fifth in the Staffing World Summit’s “Top 100 Staffing Companies to Work For in 2022”.
In addition, three Vo…
January 27, 2022
Volt Information Sciences Appoints Craig Lewis as Chief Revenue Officer
ORANGE, Calif.--(BUSINESS WIRE)--
Volt Information Sciences, Inc. (“Volt” or the “Company”) (NYSE-AMERICAN: VOLT), a global provider of staffing services, today announced that Craig Lewis has been appointed Chief Revenue Officer of the Company, effective January 24, 2022. Mr. Lewis has overall l…
Volt Information Sciences Frequently Asked Questions
When was Volt Information Sciences founded?
Volt Information Sciences was founded in 1957.
Who are Volt Information Sciences key executives?
Volt Information Sciences's key executives are Linda Perneau, Herb Mueller and Nancy Avedissian.
How many employees does Volt Information Sciences have?
Volt Information Sciences has 15,600 employees.
What is Volt Information Sciences revenue?
Latest Volt Information Sciences annual revenue is $822.1 m.
What is Volt Information Sciences revenue per employee?
Latest Volt Information Sciences revenue per employee is $52.7 k.
Who are Volt Information Sciences competitors?
Competitors of Volt Information Sciences include AeC, Kforce and Randstad.
Where is Volt Information Sciences headquarters?
Volt Information Sciences headquarters is located at 2401 N Glassell St, Orange.
Where are Volt Information Sciences offices?
Volt Information Sciences has offices in Orange, Atlanta, Auburn, Austin and in 48 other locations.
How many offices does Volt Information Sciences have?
Volt Information Sciences has 52 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies