Volt Information Sciences

Volt Information Sciences, Inc. is a global provider of staffing services and information technology infrastructure services. The Company's staffing services consist of workforce solutions that include providing contingent workers, personnel recruitment services, and managed staffing services programs supporting primarily light industrial, professional administration, technical, information technology and engineering positions. Its technology outsourcing services provide pre- and post- production development support, testing, and customer support to companies in the mobile, gaming, and technology devices industries. Volt's managed service programs consist of managing the procurement and on-boarding of contingent workers from multiple providers.

The Company's information technology infrastructure services provide server, storage, network and desktop IT hardware maintenance, data center and network monitoring and operations. Its complementary businesses offer customized talent, technology and consulting solutions to a diverse client base. Volt services global industries including aerospace, automotive, banking and finance, consumer electronics, information technology, insurance, life sciences, manufacturing, media and entertainment, pharmaceutical, software, telecommunications, transportation, and utilities.

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1950
Size (employees)
25,800 (est)-5%
Website
volt.com
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)
1133 Avenue 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 $303 m in Q2, 2017
USD

Revenue (Q2, 2017)

303 m

Gross profit (Q2, 2017)

47.1 m

Gross profit margin (Q2, 2017), %

16%

Net income (Q2, 2017)

(854 k)

EBIT (Q2, 2017)

(603 k)

Market capitalization (17-Aug-2017)

65.9 m

Cash (30-Apr-2017)

20.7 m
Volt Information Sciences's current market capitalization is $65.9 m.
USDY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.2 b2.1 b1.7 b1.5 b1.3 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 b423.6 m362.3 m52.2 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 k811 k830 k

Interest income

592 k18 k74 k17 k

Pre tax profit

(11.2 m)5.7 m1.5 m2.9 m

Income tax expense

2.4 m1.2 m1.4 m138 k

Net Income

(13.6 m)(30.9 m)(19 m)(24.6 m)(14.6 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

437 m383.1 m385.2 m364.7 m326.8 m335.4 m330.5 m313 m303 m

Cost of goods sold

266.1 m255.9 m

Gross profit

46.9 m47.1 m

Gross profit Margin, %

15%16%

EBIT

1.3 m(7.3 m)(4.1 m)(3.1 m)(9.8 m)1.2 m(2 m)(2.6 m)(603 k)

EBIT margin, %

0%(2%)(1%)(1%)(3%)0%(1%)(1%)(0%)

Interest income

(787 k)(634 k)(730 k)(571 k)(658 k)(862 k)(826 k)(858 k)(891 k)

Pre tax profit

110 k(7.4 m)(6.4 m)(2.8 m)(10.4 m)(694 k)(4.2 m)(4 m)(1.6 m)

Net Income

(480 k)(13.3 m)(6.9 m)(4.1 m)(11 m)(1.8 m)(4.6 m)(4.6 m)(854 k)
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

26.5 m11.1 m9.1 m10.2 m6.4 m

Current Assets

469.4 m410.4 m358.4 m279.9 m260.6 m

PP&E

39.1 m37.3 m26.3 m24.1 m30.1 m

Goodwill

6.4 m5.1 m

Total Assets

557.6 m500.3 m424.3 m326.8 m316.5 m

Accounts Payable

86.5 m57.2 m55.9 m39.2 m32.4 m

Current Liabilities

379 m355.7 m305.3 m135.8 m126.5 m

Total Liabilities

267.5 m

Additional Paid-in Capital

71.6 m72 m73.2 m75.8 m76.6 m

Retained Earnings

113.8 m83 m64.1 m38 m21 m

Total Equity

143.1 m110.2 m64.5 m49 m

Financial Leverage

3.9 x4.5 x5.1 x6.5 x
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

10.4 m14.8 m7.2 m13.4 m16.5 m23.2 m12.9 m19 m20.7 m

Current Assets

356.9 m292.2 m289.8 m277.3 m258.7 m269.1 m258.7 m251.8 m244.4 m

PP&E

29.9 m25.7 m24.8 m22.8 m26.3 m24.2 m27.8 m33.1 m32.9 m

Total Assets

433.7 m364.7 m360.3 m342.5 m308.6 m317.9 m312 m310 m302.8 m

Accounts Payable

53.1 m48.3 m44.8 m35.2 m35.1 m31.3 m35.1 m28.6 m39.3 m

Current Liabilities

309.2 m259.3 m264.2 m252 m230.9 m218.6 m216.7 m218.2 m214.1 m

Additional Paid-in Capital

72.4 m73.7 m74.3 m75.5 m75.6 m75.5 m75.9 m77.2 m77.7 m

Retained Earnings

62.2 m50.8 m44 m38.3 m26.4 m24.6 m18.7 m16.4 m15.3 m

Total Equity

91.7 m77.4 m68.5 m64.8 m51.2 m52.1 m46.8 m45.5 m45.9 m

Financial Leverage

4.7 x4.7 x5.3 x5.3 x6 x6.1 x6.7 x6.8 x6.6 x
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(13.6 m)1.6 m(19 m)(24.6 m)(14.6 m)

Depreciation and Amortization

16.5 m3.6 m9.3 m6.8 m6 m

Accounts Receivable

(15 m)(7.2 m)34.7 m29.9 m5 m

Accounts Payable

(13.1 m)561 k1 m(13 m)(6.7 m)

Cash From Operating Activities

(40.4 m)(9 m)35.6 m43.3 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 m2.4 m(38.6 m)

Long-term Borrowings

(708 k)(265 k)(839 k)(832 k)(7.3 m)

Cash From Financing Activities

30.4 m1.5 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)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(480 k)(13.3 m)(6.9 m)(4.1 m)(11 m)(1.8 m)(4.6 m)(4.6 m)(854 k)

Accounts Payable

35.2 m35.1 m31.3 m35.1 m28.6 m39.3 m
Y, 2017

Financial Leverage

6.6 x

Volt Information Sciences Market Value History

Traffic Overview of Volt Information Sciences

Volt Information Sciences Online and Social Media Presence

Volt Information Sciences Company Life and Culture

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