Volt Information Sciences, Inc. is a global provider of staffing services (traditional time and materials-based as well as project-based). Its staffing services consist of workforce solutions that include providing contingent workers, personnel recruitment services and managed staffing services programs supporting primarily administrative, technical, information technology, light-industrial and engineering positions. Its managed staffing programs involve managing the procurement and on-boarding of contingent workers from multiple providers. 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 profile
Ticker
VOLT
Exchange
Website
CEO
Linda Perneau
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
VOLT INFORMATION SCIENCES INC
SEC CIK
Corporate docs
Subsidiaries
Arctern Consulting Private Limited • Arctern, Inc. • Nuco I, Ltd. • P/S Partner Solutions, Ltd. • Volt Consulting MSP Canada Ltd. • VMC Consulting Europe Limited • VMC Services India Private Limited • Volt Asia Enterprises (Malaysia) Sdn. Bhd. • Volt Asia Enterprises, Ltd. • Volt Consulting Group, Ltd. ...
IRS number
135658129
VOLT stock data
Latest filings (excl ownership)
15-12B/A
Securities registration termination (amended)
10 May 22
15-12B
Securities registration termination
29 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
26 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
26 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
26 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
26 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
26 Apr 22
25-NSE
Exchange delisting
26 Apr 22
SC TO-T/A
Third party tender offer statement (amended)
25 Apr 22
8-K
Termination of a Material Definitive Agreement
25 Apr 22
Transcripts
VOLT
Earnings call transcript
2021 Q4
13 Jan 22
VOLT
Earnings call transcript
2021 Q3
14 Sep 21
VOLT
Earnings call transcript
2021 Q2
16 Jun 21
VOLT
Earnings call transcript
2021 Q1
16 Mar 21
VOLT
Earnings call transcript
2020 Q4
14 Jan 21
VOLT
Earnings call transcript
2020 Q3
11 Sep 20
VOLT
Earnings call transcript
2020 Q2
16 Jun 20
VOLT
Earnings call transcript
2020 Q1
13 Mar 20
VOLT
Earnings call transcript
2019 Q4
16 Jan 20
VOLT
Earnings call transcript
2019 Q3
6 Sep 19
Latest ownership filings
Financial summary
| Quarter (USD) | Jan 22 | Oct 21 | Aug 21 | May 21 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Oct 21 | Nov 20 | Nov 19 | Oct 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 63.44 mm | 63.44 mm | 63.44 mm | 63.44 mm | 63.44 mm | 63.44 mm |
| Cash burn (monthly) | 4.39 mm | (no burn) | 355.33 k | (no burn) | 3.97 mm | (no burn) |
| Cash used (since last report) | 60.90 mm | n/a | 4.93 mm | n/a | 55.10 mm | n/a |
| Cash remaining | 2.54 mm | n/a | 58.51 mm | n/a | 8.34 mm | n/a |
| Runway (months of cash) | 0.6 | n/a | 164.7 | n/a | 2.1 | n/a |
Institutional ownership, Q1 2022
36.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 40 |
| Opened positions | 16 |
| Closed positions | 8 |
| Increased positions | 9 |
| Reduced positions | 9 |
| 13F shares | Current |
|---|---|
| Total value | 48.22 mm |
| Total shares | 8.06 mm |
| Total puts | 0.00 |
| Total calls | 35.20 k |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Beryl Capital Management | 1.87 mm | $11.19 mm |
| Gardner Lewis Asset Management L P | 887.18 k | $5.31 mm |
| Renaissance Technologies | 843.87 k | $5.05 mm |
| Vanguard | 663.04 k | $3.97 mm |
| Dimensional Fund Advisors | 615.47 k | $3.68 mm |
| Prelude Capital Management | 519.43 k | $3.11 mm |
| RBF Capital | 304.79 k | $1.83 mm |
| Ergoteles | 263.01 k | $1.57 mm |
| Bridgeway Capital Management | 248.30 k | $1.49 mm |
| Minerva Advisors | 232.19 k | $1.39 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 25 Apr 22 | Craig R Lewis | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 31,646 | 0.00 | 0 |
| 25 Apr 22 | Brown Celia | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 21,480 | 0.00 | 0 |
| 25 Apr 22 | Goodman Bruce G | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 21,480 | 0.00 | 0 |
| 25 Apr 22 | Grubbs William J | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 21,480 | 0.00 | 0 |
| 25 Apr 22 | Avedissian Nancy T | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 1.65 | 59,725 | 98.55 k | 0 |
| 25 Apr 22 | Avedissian Nancy T | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 106,918 | 0.00 | 0 |
| 25 Apr 22 | Avedissian Nancy T | Performance Unit Common Stock | Sale back to company | Dispose D | No | No | 0 | 46,779 | 0.00 | 0 |
| 25 Apr 22 | Avedissian Nancy T | Performance Unit Common Stock | Grant | Acquire A | No | No | 0 | 46,779 | 0.00 | 0 |
| 25 Apr 22 | Avedissian Nancy T | Performance Unit Common Stock | Sale back to company | Dispose D | No | No | 0 | 5,029 | 0.00 | 0 |
| 25 Apr 22 | Avedissian Nancy T | Performance Unit Common Stock | Grant | Acquire A | No | No | 0 | 5,029 | 0.00 | 0 |