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Last $11.78 USD
Change Today +0.05 / 0.43%
Volume 20.5K
As of 8:04 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

volt info sciences inc (VISI) Snapshot

Previous Close
Day High
Day Low
52 Week High
01/26/15 - $13.00
52 Week Low
05/12/14 - $7.42
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for VOLT INFO SCIENCES INC (VISI)

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volt info sciences inc (VISI) Details

Volt Information Sciences, Inc. provides staffing services, information technology (IT) infrastructure services, telecommunication infrastructure and security services, and telephone directory publishing and printing in the United States, Canada, the United Kingdom, Germany, and Uruguay. It operates in two segments: Staffing Services and Other. The Staffing Services segment provides contingent staffing, direct placement, staffing contracting and management, and other employment services; master vendor services; and managed service programs consist of managing the procurement and on-boarding of contingent workers. This segment also offers technology outsourcing services and solutions, such as customer call center solutions, and video and online gaming industry quality assurance testing services, as well as customer care solutions, including end-user and technical, sales, and retention support services; and project-based staffing services, such as IT infrastructure outsourcing, data center management, enterprise technology implementation and integration, and corporate helpdesk services, as well as project management services. The Other segment provides IT infrastructure services, including hardware maintenance, server, storage, network and desktop products, and network/data center monitoring and operations services in large data centers, as well as designing, deploying, and supporting large-scale corporate upgrade and refresh programs; and designs, engineers, builds, and maintains infrastructure services, voice and data networks, wireless systems, and security systems. This segment also publishes telephone directories; and prints white pages, yellow pages, the Uruguay telephone directories, directories for other publishers, books, magazines, periodicals, and advertising material. The company serves multinational, national, and local clients. Volt Information Sciences, Inc. was founded in 1950 and is headquartered in New York, New York.

32,000 Employees
Last Reported Date: 01/20/15
Founded in 1950

volt info sciences inc (VISI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.2M
Founder, Executive Vice President and Directo...
Total Annual Compensation: $517.0K
Managing Director of Europe & Asia Staffing O...
Total Annual Compensation: $306.9K
Senior Vice President of North American Staff...
Total Annual Compensation: $300.0K
Senior Vice President of North America Staffi...
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2014.

volt info sciences inc (VISI) Key Developments

Volt Information Sciences Inc. Proposes Amendment to Certificate of Incorporation

Volt Information Sciences Inc. announced that its annual meeting of shareholders to be held May 11, 2015 will consider a proposal to amend the company's Certificate of Incorporation to declassify the Board of Directors.

Volt Information Sciences, Inc Announces Amendments to By-Laws

On April 13, 2015, the board of directors of Volt Information Sciences Inc. amended the company's By-Laws, effective the same day, to delete language relating to the classification of directors. To effect such amendment, Article 2.1 of the company's By-Laws was amended to read in its entirety as follows: 2.1 Number, Qualification, Election and Term of Directors: The business of the corporation shall be managed by the Board, which shall consist of such number of directors, not less than three nor more than nine, to be fixed from time to time by the shareholders or a majority of the entire Board. Each director shall be at least 21 years old. Directors shall hold office until the annual meeting at which their term expires and until the election of their respective successors. This amendment was adopted solely for reasons of convenience, as the prior text of Section 2.1 of the By-Laws conflicts with the amendment to Article ninth of the restated certificate of incorporation of the company to eliminate provisions relating to the classification of directors, which was previously approved by the company's board of directors and which will be submitted for approval by the shareholders of the Company at the company's 2015 annual meeting of shareholders. Notwithstanding this amendment of Section 2.1 of the By-Laws, under New York law the Company's board of directors will remain classified as provided in the Restated certificate of incorporation unless and until the proposed amendment to Article NINTH of the Restated certificate of incorporation to eliminate the classification of directors is approved by the requisite vote of the shareholders of the company.

Volt Information Sciences Inc. Appoints Bryan Berndt as Controller and Chief Accounting Officer

On April 6, 2015, Volt Information Sciences Inc. appointed Bryan Berndt as the Controller and Chief Accounting Officer. Mr. Berndt, 58, most recently served as Controller and Chief Accounting Officer at Reader's Digest Association Inc. for approximately three years.


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Industry Average

Valuation VISI Industry Range
Price/Earnings 100.0x
Price/Sales 0.1x
Price/Book 3.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.1x

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