Volt Information Sciences

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.
TypePublic
Founded1957
HQOrange, CA, US
Websitevolt.com
Employee Ratings3.3
Overall CultureA

Latest Updates

Employees (est.) (Nov 2020)15,600(-8%)
Revenue (FY, 2020)$822.1 M(-17%)
Share Price (Apr 2022)$6
Cybersecurity ratingBMore
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Key People/Management at Volt Information Sciences

Linda Perneau

Linda Perneau

President and Chief Executive Officer
Herb Mueller

Herb Mueller

Senior Vice President and Chief Financial Officer
Nancy Avedissian

Nancy Avedissian

Senior Vice President, Chief Legal Officer and Corporate Secretary
Lenny Naujokas

Lenny Naujokas

Chief Accounting Officer and Controller
Lori Schultz

Lori Schultz

Chief Global Solutions Officer
Chris Kelly

Chris Kelly

Senior Vice President, Strategic Solutions
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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
Show all (52)

Volt Information Sciences Financials and Metrics

Volt Information Sciences Revenue

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View revenue for all periods
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
USDFY, 2018FY, 2019FY, 2020

Revenue

1.0b997.1m822.1m

Revenue growth, %

(13%)(4%)(18%)

Cost of goods sold

885.5m844.5m694.2m

Gross profit

153.7m152.6m127.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

253.4m252.1m233.2m217.8m207.3m185.9m218.0m222.1m217.5m

Cost of goods sold

215.7m215.8m197.5m186.3m175.0m156.0m185.3m185.6m181.3m

Gross profit

37.7m36.3m35.6m31.4m32.2m30.0m32.7m36.5m36.2m

Gross profit Margin, %

15%14%15%14%16%16%15%16%17%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

24.8m28.7m38.6m

Accounts Receivable

157.4m136.0m121.9m

Current Assets

204.5m184.7m188.3m

PP&E

24.4m25.9m22.2m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(32.7m)(15.2m)(33.6m)

Depreciation and Amortization

7.2m7.0m8.0m

Accounts Payable

(3.7m)2.8m(5.2m)

Cash From Operating Activities

(10.7m)7.4m18.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(3.2m)(8.4m)(14.4m)(10.8m)(16.2m)(21.1m)(2.4m)(567.0k)48.0k

Depreciation and Amortization

1.6m3.4m5.1m2.0m4.0m5.9m1.7m3.7m5.6m

Accounts Payable

(7.1m)(7.3m)1.1m(6.5m)(6.6m)(9.5m)(5.5m)(6.4m)(2.6m)

Cash From Operating Activities

2.0m9.5m10.2m33.0k2.9m13.1m(6.5m)1.8m4.9m
USDFY, 2018

Revenue/Employee

51.7k

Debt/Equity

1 x

Debt/Assets

0.2 x

Financial Leverage

4.7 x
Show all financial metrics

Volt Information Sciences Operating Metrics

FY, 2018FY, 2019FY, 2020

Facilities Leased

857070

Facilities Leased, sq. ft.

271 k200 k200 k

Locations

857060

Volt Information Sciences Acquisitions / Subsidiaries

Company NameDateDeal Size
Delta ResourcesDecember 31, 1980
Alphanumeric Publication SystemsDecember 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
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Volt Information Sciences Revenue Breakdown

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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

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Volt Information Sciences Online and Social Media Presence

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Volt Information Sciences Company Culture

  • Overall Culture

    A

    81/100

  • CEO Rating

    A+

    81/100

  • Compensation

    C+

    69/100

  • Diversity

    C

    68/100

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Volt Information Sciences Blogs

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…

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…

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…

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…

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…

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…
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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.