Staffing 360 Solutions Q3 2016 revenue expected to be $43m
Staffing 360 Solutions has announced it expects reported revenue for its fiscal third quarter ended February 29th 2016 to reach a record of approximately $43m.
This is an increase of 40% compared to approximately $31m of revenue reported in the same period last year.
"We are thrilled to announce yet another quarter of record revenue," stated Brendan Flood, executive chairman of Staffing 360 Solutions. "Achieving $43 million in revenue in a single quarter is no small feat, and it demonstrates our ability to continually drive growth. The JM Group acquisition initially put us on a trajectory to $170 million in annualized revenue, however, through organic growth, we were able to exceed even that threshold. This will be the largest single quarterly revenue figure in the company's history."
Matt Briand, President and CEO of Staffing 360 Solutions, further remarked, "Achieving this level of revenue is a remarkable achievement and we look forward to sharing more details shortly when we announce our full results in April."