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Hot Stocks
Staffing 360 Solutions to require internal U.S. employees to be vaccinated » 08:40
07/30/21
07/30
08:40
07/30/21
08:40
STAF

Staffing 360 Solutions

$2.83 /

+0.03 (+1.07%)

Staffing 360 Solutions…

Staffing 360 Solutions announced that as part of its ongoing duty to keep its employees, their families, contractors, temporary workers, clients and visitors as safe as possible, the Company will now require COVID-19 vaccinations for its internal U.S. employees. While the decision to mandate the vaccine is not legislated in the UK, we are proud that 95% of our UK staff has chosen the vaccine voluntarily.

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STAF Staffing 360 Solutions
$2.83 /

+0.03 (+1.07%)

STAF Staffing 360 Solutions
$2.83 /

+0.03 (+1.07%)

07/23/21 Greenridge
Staffing 360 Solutions price target lowered to $8.50 from $15 at Greenridge
05/19/21 Greenridge
Staffing 360 Solutions price target lowered to $2.50 from $3.50 at Greenridge
STAF Staffing 360 Solutions
$2.83 /

+0.03 (+1.07%)

  • 10
    Feb
  • 24
    Dec
STAF Staffing 360 Solutions
$2.83 /

+0.03 (+1.07%)

Over a week ago
Hot Stocks
Staffing 360 Solutions receives full forgiveness of $19.4M PPP loans » 08:41
07/26/21
07/26
08:41
07/26/21
08:41
STAF

Staffing 360 Solutions

$2.77 /

-0.3 (-9.77%)

Staffing 360 Solutions…

Staffing 360 Solutions announced it will host a conference call to report its fiscal second quarter and six-month financial results on Thursday, August 12, 2021 at 9:00 am Eastern Time to discuss financial results. During the call, management will discuss: Recent full forgiveness of the entire $19.4M in Paycheck Protection Program, or PPP, loans made to the company by the Small Business Administration; materially improved balance sheet with a cumulative debt reduction of 70.4% in the past twelve months; the 70.4% debt reduction includes the redemption feature triggered by the release of $2.08M that had been held in escrow since the FirstPRO sale to redeem Series G Preferred and approximately $5M paid July 23, 2021 towards the outstanding note due September 30, 2022; and year-over-year revenue and gross profit growth.

ShowHide Related Items >><<
STAF Staffing 360 Solutions
$2.77 /

-0.3 (-9.77%)

STAF Staffing 360 Solutions
$2.77 /

-0.3 (-9.77%)

07/23/21 Greenridge
Staffing 360 Solutions price target lowered to $8.50 from $15 at Greenridge
05/19/21 Greenridge
Staffing 360 Solutions price target lowered to $2.50 from $3.50 at Greenridge
STAF Staffing 360 Solutions
$2.77 /

-0.3 (-9.77%)

  • 10
    Feb
  • 24
    Dec
STAF Staffing 360 Solutions
$2.77 /

-0.3 (-9.77%)

Recommendations
Staffing 360 Solutions price target lowered to $8.50 from $15 at Greenridge » 09:32
07/23/21
07/23
09:32
07/23/21
09:32
STAF

Staffing 360 Solutions

$3.07 /

+0.01 (+0.33%)

Greenridge analyst…

Greenridge analyst William Gregozeski lowered the firm's price target on Staffing 360 Solutions to $8.50 from $15 and reiterates a Buy rating on the name after the company announced a 2.2M share direct offering at $3.80. The transaction is needed to better position Staffing 360 going forward and reduce the "bleeding" of its balance sheet, but the financing came at a high price in terms of dilution, Gregozeski tells investors in a research note.

ShowHide Related Items >><<
STAF Staffing 360 Solutions
$3.07 /

+0.01 (+0.33%)

STAF Staffing 360 Solutions
$3.07 /

+0.01 (+0.33%)

05/19/21 Greenridge
Staffing 360 Solutions price target lowered to $2.50 from $3.50 at Greenridge
STAF Staffing 360 Solutions
$3.07 /

+0.01 (+0.33%)

  • 10
    Feb
  • 24
    Dec
STAF Staffing 360 Solutions
$3.07 /

+0.01 (+0.33%)

On The Fly
Fly Intel: Pre-market Movers » 09:02
07/21/21
07/21
09:02
07/21/21
09:02
CEMI

Chembio Diagnostics

$2.07 /

-0.425 (-17.07%)

, JNJ

Johnson & Johnson

$168.60 /

+1.75 (+1.05%)

, KO

Coca-Cola

$55.81 /

+0.08 (+0.14%)

, VZ

Verizon

$55.58 /

-0.27 (-0.48%)

, ANTM

Anthem

$390.00 /

+5.68 (+1.48%)

, STX

Seagate

$85.49 /

+1.24 (+1.47%)

, IPG

Interpublic Group

$31.27 /

+0.375 (+1.21%)

, HOG

Harley-Davidson

$43.92 /

+2 (+4.77%)

, SNBR

Sleep Number

$112.46 /

+5.9 (+5.54%)

, NFLX

Netflix

$531.53 /

+0.33 (+0.06%)

, STAF

Staffing 360 Solutions

$3.75 /

+0.52 (+16.10%)

, MRNA

Moderna

$307.50 /

-6.31 (-2.01%)

, LUMO

Lumos Pharma

$9.50 /

-0.05 (-0.52%)

, CMG

Chipotle

$1,577.92 /

+31.88 (+2.06%)

Check out this morning's…

ShowHide Related Items >><<
VZ Verizon
$55.58 /

-0.27 (-0.48%)

STX Seagate
$85.49 /

+1.24 (+1.47%)

STAF Staffing 360 Solutions
$3.75 /

+0.52 (+16.10%)

SNBR Sleep Number
$112.46 /

+5.9 (+5.54%)

NFLX Netflix
$531.53 /

+0.33 (+0.06%)

MRNA Moderna
$307.50 /

-6.31 (-2.01%)

LUMO Lumos Pharma
$9.50 /

-0.05 (-0.52%)

KO Coca-Cola
$55.81 /

+0.08 (+0.14%)

JNJ Johnson & Johnson
$168.60 /

+1.75 (+1.05%)

IPG Interpublic Group
$31.27 /

+0.375 (+1.21%)

HOG Harley-Davidson
$43.92 /

+2 (+4.77%)

CMG Chipotle
$1,577.92 /

+31.88 (+2.06%)

CEMI Chembio Diagnostics
$2.07 /

-0.425 (-17.07%)

ANTM Anthem
$390.00 /

+5.68 (+1.48%)

CEMI Chembio Diagnostics
$2.07 /

-0.425 (-17.07%)

12/03/20 Craig-Hallum
Chembio Diagnostics upgraded to Buy at Craig-Hallum
12/03/20 Craig-Hallum
Chembio Diagnostics upgraded to Buy from Hold at Craig-Hallum
11/06/20 Colliers
Chembio Diagnostics upgraded to Buy from Neutral at Colliers
JNJ Johnson & Johnson
$168.60 /

+1.75 (+1.05%)

07/08/21 Stifel
Vor Biopharma, Janssen collaboration benefits both parties, says Stifel
07/02/21 Cantor Fitzgerald
J&J vaccine shows 'strong' activist against Delta, says Cantor Fitzgerald
06/28/21 Cantor Fitzgerald
J&J opioid settlement removes share overhang, says Cantor Fitzgerald
06/22/21 JPMorgan
Opioid settlement would be best case for manufacturers, says JPMorgan
KO Coca-Cola
$55.81 /

+0.08 (+0.14%)

07/16/21 Jefferies
Coca-Cola price target upped to $59 at Jefferies ahead of expected guidance hike
07/12/21 Deutsche Bank
Coca-Cola price target raised to $58 from $57 at Deutsche Bank
06/17/21 Argus
Coca-Cola price target raised to $63 from $60 at Argus
06/15/21 Credit Suisse
Coca-Cola price target raised to $62 from $60 at Credit Suisse
VZ Verizon
$55.58 /

-0.27 (-0.48%)

07/07/21 Tigress Financial
Verizon shares have upside to $67 in 12 months, says Tigress Financial
06/25/21
Fly Intel: Top five analyst initiations
06/25/21 Redburn
Redburn puts Sell ratings on AT&T and Verizon, Buy on Comcast
06/25/21 Redburn
Verizon initiated with a Sell at Redburn
ANTM Anthem
$390.00 /

+5.68 (+1.48%)

07/09/21 Seaport Global
Seaport Global initiates five in Managed Care with three Buys
07/09/21 Seaport Global
Anthem initiated with a Buy at Seaport Global
07/02/21 Mizuho
CVS Health came out on top in PBM checks, says Mizuho
06/17/21 Stephens
Supreme Court ruling removes overhang on ACA levered stocks, says Stephens
STX Seagate
$85.49 /

+1.24 (+1.47%)

07/21/21 Summit Insights
Seagate downgraded to Hold on Chia crypto risk Summit Insights
07/21/21 Summit Insights
Seagate downgraded to Hold from Buy at Summit Insights
07/16/21 Wedbush
Seagate price target raised to $85 from $70 at Wedbush
07/15/21 Mizuho
Seagate price target raised to $95 from $88 at Mizuho
IPG Interpublic Group
$31.27 /

+0.375 (+1.21%)

07/02/21 Barclays
Interpublic Group price target raised to EUR 36.50 from EUR 36 at Barclays
04/29/21 Wells Fargo
Interpublic Group price target raised to $36 from $26 at Wells Fargo
04/29/21 BMO Capital
Interpublic Group price target raised to $34 from $30 at BMO Capital
04/22/21 BMO Capital
Interpublic Group downgraded to Market Perform from Outperform at BMO Capital
HOG Harley-Davidson
$43.92 /

+2 (+4.77%)

07/02/21 Wedbush
Harley-Davidson checks show Q2 retail sales up versus 2019, says Wedbush
07/01/21 Baird
Baird remains bullish on Harley-Davidson's Hardwire 2025 plan
06/21/21 BMO Capital
BMO Capital positive on Harley-Davidson given management changes
06/04/21 Wedbush
Harley-Davidson price target raised to $60 from $55 at Wedbush
SNBR Sleep Number
$112.46 /

+5.9 (+5.54%)

07/21/21 Piper Sandler
Sleep Number price target lowered to $135 from $165 at Piper Sandler
02/18/21
Fly Intel: Top five analyst upgrades
02/18/21 Wedbush
Sleep Number price target raised to $130 from $120 at Wedbush
02/18/21 Piper Sandler
Sleep Number price target raised to $165 from $108 at Piper Sandler
NFLX Netflix
$531.53 /

+0.33 (+0.06%)

07/21/21 Evercore ISI
Evercore reiterates Outperform on Netflix after Q2 'clearing event'
07/21/21 Wedbush
Netflix Q3 guidance 'uninspiring,' games a misstep, says Wedbush
07/21/21 Credit Suisse
Netflix price target raised to $643 from $586 at Credit Suisse
07/21/21 UBS
Netflix Q2 likely the low point for sub growth, says UBS
STAF Staffing 360 Solutions
$3.75 /

+0.52 (+16.10%)

05/19/21 Greenridge
Staffing 360 Solutions price target lowered to $2.50 from $3.50 at Greenridge
MRNA Moderna
$307.50 /

-6.31 (-2.01%)

07/15/21 Jefferies
Moderna price target raised to $250 from $170 at Jefferies
07/07/21 Piper Sandler
Moderna could 'revolutionize' flu vaccine market, says Piper Sandler
06/29/21 Wells Fargo
Moderna vaccine demonstrates activity against key variants, says Wells Fargo
06/29/21 Goldman Sachs
Goldman continues to anticipate clinical need for booster vaccines
LUMO Lumos Pharma
$9.50 /

-0.05 (-0.52%)

07/21/21 H.C. Wainwright
Lumos Pharma price target lowered to $27 from $34 at H.C. Wainwright
04/13/21 JonesTrading
Lumos Pharma initiated with a Buy at JonesTrading
03/11/21 Stifel
Lumos Pharma upgraded to Buy from Hold at Stifel
12/03/20
Fly Intel: Top five analyst initiations
CMG Chipotle
$1,577.92 /

+31.88 (+2.06%)

07/21/21 Evercore ISI
Chipotle price target raised to $1,950 from $1,800 at Evercore ISI
07/21/21 BTIG
Chipotle price target raised to $1,850 from $1,725 at BTIG
07/21/21 Truist
Chipotle price target raised to $1,800 from $1,750 at Truist
07/21/21 Cowen
Chipotle price target raised to $2080 from $1850 at Cowen
VZ Verizon
$55.58 /

-0.27 (-0.48%)

STX Seagate
$85.49 /

+1.24 (+1.47%)

STAF Staffing 360 Solutions
$3.75 /

+0.52 (+16.10%)

SNBR Sleep Number
$112.46 /

+5.9 (+5.54%)

NFLX Netflix
$531.53 /

+0.33 (+0.06%)

MRNA Moderna
$307.50 /

-6.31 (-2.01%)

LUMO Lumos Pharma
$9.50 /

-0.05 (-0.52%)

KO Coca-Cola
$55.81 /

+0.08 (+0.14%)

JNJ Johnson & Johnson
$168.60 /

+1.75 (+1.05%)

IPG Interpublic Group
$31.27 /

+0.375 (+1.21%)

HOG Harley-Davidson
$43.92 /

+2 (+4.77%)

CMG Chipotle
$1,577.92 /

+31.88 (+2.06%)

CEMI Chembio Diagnostics
$2.07 /

-0.425 (-17.07%)

ANTM Anthem
$390.00 /

+5.68 (+1.48%)

  • 04
    Mar
  • 10
    Feb
  • 24
    Dec
VZ Verizon
$55.58 /

-0.27 (-0.48%)

STX Seagate
$85.49 /

+1.24 (+1.47%)

NFLX Netflix
$531.53 /

+0.33 (+0.06%)

MRNA Moderna
$307.50 /

-6.31 (-2.01%)

KO Coca-Cola
$55.81 /

+0.08 (+0.14%)

JNJ Johnson & Johnson
$168.60 /

+1.75 (+1.05%)

IPG Interpublic Group
$31.27 /

+0.375 (+1.21%)

HOG Harley-Davidson
$43.92 /

+2 (+4.77%)

CMG Chipotle
$1,577.92 /

+31.88 (+2.06%)

ANTM Anthem
$390.00 /

+5.68 (+1.48%)

VZ Verizon
$55.58 /

-0.27 (-0.48%)

STX Seagate
$85.49 /

+1.24 (+1.47%)

STAF Staffing 360 Solutions
$3.75 /

+0.52 (+16.10%)

SNBR Sleep Number
$112.46 /

+5.9 (+5.54%)

NFLX Netflix
$531.53 /

+0.33 (+0.06%)

MRNA Moderna
$307.50 /

-6.31 (-2.01%)

KO Coca-Cola
$55.81 /

+0.08 (+0.14%)

JNJ Johnson & Johnson
$168.60 /

+1.75 (+1.05%)

IPG Interpublic Group
$31.27 /

+0.375 (+1.21%)

HOG Harley-Davidson
$43.92 /

+2 (+4.77%)

CMG Chipotle
$1,577.92 /

+31.88 (+2.06%)

CEMI Chembio Diagnostics
$2.07 /

-0.425 (-17.07%)

ANTM Anthem
$390.00 /

+5.68 (+1.48%)

VZ Verizon
$55.58 /

-0.27 (-0.48%)

STX Seagate
$85.49 /

+1.24 (+1.47%)

NFLX Netflix
$531.53 /

+0.33 (+0.06%)

MRNA Moderna
$307.50 /

-6.31 (-2.01%)

KO Coca-Cola
$55.81 /

+0.08 (+0.14%)

JNJ Johnson & Johnson
$168.60 /

+1.75 (+1.05%)

IPG Interpublic Group
$31.27 /

+0.375 (+1.21%)

HOG Harley-Davidson
$43.92 /

+2 (+4.77%)

CMG Chipotle
$1,577.92 /

+31.88 (+2.06%)

CEMI Chembio Diagnostics
$2.07 /

-0.425 (-17.07%)

ANTM Anthem
$390.00 /

+5.68 (+1.48%)

Syndicate
Staffing 360 Solutions prices 2.2M share registered direct offering at $3.45 » 07:07
07/21/21
07/21
07:07
07/21/21
07:07
STAF

Staffing 360 Solutions

$3.75 /

+0.52 (+16.10%)

H.C. Wainwright & Co.…

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

ShowHide Related Items >><<
STAF Staffing 360 Solutions
$3.75 /

+0.52 (+16.10%)

STAF Staffing 360 Solutions
$3.75 /

+0.52 (+16.10%)

05/19/21 Greenridge
Staffing 360 Solutions price target lowered to $2.50 from $3.50 at Greenridge
STAF Staffing 360 Solutions
$3.75 /

+0.52 (+16.10%)

  • 10
    Feb
  • 24
    Dec
STAF Staffing 360 Solutions
$3.75 /

+0.52 (+16.10%)

Over a month ago
On The Fly
Fly Intel: After-Hours Movers » 18:15
07/01/21
07/01
18:15
07/01/21
18:15
STAF

Staffing 360 Solutions

$3.69 /

+0.309 (+9.14%)

, HMN

Horace Mann

$37.76 /

+0.27 (+0.72%)

, BSGM

BioSig Technologies

$4.35 /

+0.5 (+12.99%)

, NM

Navios Maritime

$8.94 /

-0.19 (-2.08%)

, CSSE

Chicken Soup for the Soul

$41.43 /

-0.13 (-0.31%)

, CLVT

Clarivate

$27.00 /

-0.505 (-1.84%)

, ATGE

Adtalem Global Education

$36.70 /

+1.05 (+2.95%)

, CRNC

Cerence

$108.60 /

+1.91 (+1.79%)

, SPCE

Virgin Galactic

$43.20 /

-2.77 (-6.03%)

HIGHERStaffing 360…

ShowHide Related Items >><<
STAF Staffing 360 Solutions
$3.69 /

+0.309 (+9.14%)

SPCE Virgin Galactic
$43.20 /

-2.77 (-6.03%)

NM Navios Maritime
$8.94 /

-0.19 (-2.08%)

HMN Horace Mann
$37.76 /

+0.27 (+0.72%)

CSSE Chicken Soup for the Soul
$41.43 /

-0.13 (-0.31%)

CRNC Cerence
$108.60 /

+1.91 (+1.79%)

CLVT Clarivate
$27.00 /

-0.505 (-1.84%)

BSGM BioSig Technologies
$4.35 /

+0.5 (+12.99%)

ATGE Adtalem Global Education
$36.70 /

+1.05 (+2.95%)

STAF Staffing 360 Solutions
$3.69 /

+0.309 (+9.14%)

05/19/21 Greenridge
Staffing 360 Solutions price target lowered to $2.50 from $3.50 at Greenridge
HMN Horace Mann
$37.76 /

+0.27 (+0.72%)

02/19/21
Fly Intel: Top five analyst initiations
02/19/21 Raymond James
Horace Mann initiated with a Market Perform at Raymond James
02/18/21 Raymond James
Horace Mann initiated with a Market Perform at Raymond James
01/06/21 Piper Sandler
Horace Mann downgraded to Neutral from Overweight at Piper Sandler
BSGM BioSig Technologies
$4.35 /

+0.5 (+12.99%)

NM Navios Maritime
$8.94 /

-0.19 (-2.08%)

CSSE Chicken Soup for the Soul
$41.43 /

-0.13 (-0.31%)

06/09/21 Alliance Global Partners
Alliance Global recommends Chicken Soup for the Soul after recent selloff
05/25/21
Fly Intel: Top five analyst initiations
05/25/21 B. Riley
B. Riley starts Chicken Soup for the Soul with Buy, $62 price target
05/24/21 B. Riley
Chicken Soup for the Soul initiated with a Buy at B. Riley
CLVT Clarivate
$27.00 /

-0.505 (-1.84%)

06/25/21 Morgan Stanley
Clarivate 'the best short-term trade' in business services, says Morgan Stanley
06/10/21 Stifel
Clarivate's 20% decline presents buying opportunity, says Stifel
04/30/21 B. Riley
Clarivate price target raised to $33 from $30 at B. Riley
03/31/21 Jefferies
Jefferies starts Clarivate at Buy, sees CEO 'just getting warmed up'
ATGE Adtalem Global Education
$36.70 /

+1.05 (+2.95%)

02/03/21 Barrington
Adtalem Global Education price target raised to $50 from $45 at Barrington
01/26/21 Barrington
Adtalem Global Education price target raised to $45 from $40 at Barrington
11/06/20 Barrington
Challenges facing Adtalem Global Education are temporary, says Barrington
08/19/20 Barrington
Adtalem Global Education price target raised to $40 from $35 at Barrington
CRNC Cerence
$108.60 /

+1.91 (+1.79%)

06/03/21 Baird
Baird starts Cerence at Outperform as 'attractive growth holding'
06/03/21 Baird
Cerence initiated with an Outperform at Baird
05/18/21
Fly Intel: Top five analyst upgrades
05/18/21 Evercore ISI
Cerence upgraded to Outperform from In Line at Evercore ISI
SPCE Virgin Galactic
$43.20 /

-2.77 (-6.03%)

06/30/21
Fly Intel: Top five analyst downgrades
06/30/21 BofA
Virgin Galactic double-downgraded to Underperform from Buy at BofA
06/28/21 Alembic Global
Alembic Global cuts Virgin Galactic to Neutral after 'extraordinary' 39% rally
06/28/21 Alembic Global
Virgin Galactic downgraded to Neutral from Overweight at Alembic Global
STAF Staffing 360 Solutions
$3.69 /

+0.309 (+9.14%)

SPCE Virgin Galactic
$43.20 /

-2.77 (-6.03%)

NM Navios Maritime
$8.94 /

-0.19 (-2.08%)

HMN Horace Mann
$37.76 /

+0.27 (+0.72%)

CRNC Cerence
$108.60 /

+1.91 (+1.79%)

CLVT Clarivate
$27.00 /

-0.505 (-1.84%)

ATGE Adtalem Global Education
$36.70 /

+1.05 (+2.95%)

  • 10
    Jun
  • 10
    Feb
  • 24
    Dec
  • 06
    Aug
SPCE Virgin Galactic
$43.20 /

-2.77 (-6.03%)

STAF Staffing 360 Solutions
$3.69 /

+0.309 (+9.14%)

SPCE Virgin Galactic
$43.20 /

-2.77 (-6.03%)

CLVT Clarivate
$27.00 /

-0.505 (-1.84%)

ATGE Adtalem Global Education
$36.70 /

+1.05 (+2.95%)

SPCE Virgin Galactic
$43.20 /

-2.77 (-6.03%)

Hot Stocks
Staffing 360 Solutions announces reverse stock split to maintain Nasdaq listing » 12:33
06/30/21
06/30
12:33
06/30/21
12:33
STAF

Staffing 360 Solutions

/

+

Staffing 360 Solutions…

Staffing 360 Solutions announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 6 pre-split shares. The reverse stock split will become effective at 5:00 p.m. on Wednesday, June 30, 2021. Staffing 360's common stock will continue to be traded on the NASDAQ Capital Market under the symbol STAF and will begin trading on a split-adjusted basis when the market opens on Thursday, July 1, 2021. At a special meeting of stockholders held on June 21, 2021, Staffing 360's stockholders granted the company's Board of Directors the discretion to effect a reverse stock split of Staffing 360's common stock through an amendment to its Certificate of Incorporation at a ratio of not less than 1-for-2 and not more than 1-for-20, such ratio to be determined by the company's Board of Directors.

ShowHide Related Items >><<
STAF Staffing 360 Solutions
/

+

STAF Staffing 360 Solutions
/

+

05/19/21 Greenridge
Staffing 360 Solutions price target lowered to $2.50 from $3.50 at Greenridge
STAF Staffing 360 Solutions
/

+

  • 10
    Feb
  • 24
    Dec
Hot Stocks
Staffing 360 Solutions announces $10M PPP loan forgiveness » 08:43
06/24/21
06/24
08:43
06/24/21
08:43
STAF

Staffing 360 Solutions

/

+

As recently reported, the…

As recently reported, the Company received notification from the Small Business Administration of the full forgiveness of the $10M PPP loan made to Monroe Staffing Services, LLC, an indirect wholly owned subsidiary of the Company. The Company has applied for forgiveness of a further $9.4M of PPP loans. While there is no guarantee of forgiveness, the Company is optimistic that these remaining PPP loans will be similarly forgiven.

ShowHide Related Items >><<
STAF Staffing 360 Solutions
/

+

STAF Staffing 360 Solutions
/

+

05/19/21 Greenridge
Staffing 360 Solutions price target lowered to $2.50 from $3.50 at Greenridge
STAF Staffing 360 Solutions
/

+

  • 10
    Feb
  • 24
    Dec
Hot Stocks
Staffing 360 Solutions expects positive net income in Q2 » 08:42
06/24/21
06/24
08:42
06/24/21
08:42
STAF

Staffing 360 Solutions

/

+

As previously reported,…

As previously reported, the Company completed a series of capital raises in December 2020, February 2021, and April 2021 as part of our continued program that helped materially reduce the interest burden on our income statement. Specifically, in Q1 2020 and Q2 2020, the Company reported interest charges of $2.4 million and $2.1 million, respectively. This amount was reduced to $1.2 million in Q1 of 2021 and is expected to be below $1.1 million in Q2 2021, a reduction in the first six months of $2.2 million, year-over-year, or almost 50As previously reported, the Company also completed a series of capital raises in December 2020, February 2021, and April 2021 as part of our continued program that helped materially reduce the interest burden on our income statement. Specifically, in Q1 2020 and Q2 2020, the Company reported interest charges of $2.4 million and $2.1 million, respectively. This amount was reduced to $1.2 million in Q1 of 2021 and is expected to be below $1.1 million in Q2 2021, a reduction in the first six months of $2.2 million, year-over-year, or almost 50%. As a consequence of the above, the Company expects positive net income for the quarter ending July 3, 2021, prior to the recognition of any additional Paycheck Protection Program loan forgiveness.

ShowHide Related Items >><<
STAF Staffing 360 Solutions
/

+

STAF Staffing 360 Solutions
/

+

05/19/21 Greenridge
Staffing 360 Solutions price target lowered to $2.50 from $3.50 at Greenridge
STAF Staffing 360 Solutions
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  • 10
    Feb
  • 24
    Dec
Earnings
Staffing 360 Solutions expects Q2 revenue in excess of $52M, one est. $51.52M » 08:41
06/24/21
06/24
08:41
06/24/21
08:41
STAF

Staffing 360 Solutions

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The company said,…

The company said, "Based on the strength of increasing business flow in all three of its Business Streams for the eleven weeks through the middle of June, the Company anticipates reporting for the second quarter ending July 3, 2021: Approximately 20% year-over-year growth in revenue, 27% growth excluding the business disposed of in September, and Approximately 20% growth in gross profit in Q2, about 38% growth excluding the business disposed of in September, which is in line with the growth in revenue and gross profit for Q2 discussed last month during its Q1 Results Conference Call. Revenues in excess of $52 million and operating profit of $457,000, as compared with a loss in Q2 2020 of $1.5 million. The anticipated operating profit growth was driven by both the Company's gross profit recovery and the cost saving initiatives undertaken during the pandemic which is anticipated to show a reduction in operating expenses from $9 million in Q2 2020 to $8.2 million in Q2 2021."

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STAF Staffing 360 Solutions
/

+

STAF Staffing 360 Solutions
/

+

05/19/21 Greenridge
Staffing 360 Solutions price target lowered to $2.50 from $3.50 at Greenridge
STAF Staffing 360 Solutions
/

+

  • 10
    Feb
  • 24
    Dec

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