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VOLT . Volt Information Sciences , Inc. Reports Second Quarter Fiscal 2021 Financial Results June 15 , 2021 Reports Year - Over - Year Revenue Growth and Positive Net Income 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 second quarter ended May 2 , 2021 . Second Quarter Summary • Revenue was $ 222.1 million , a 7.1 % increase compared to the second quarter of fiscal 2020 ; Adjusted Revenue * increased 5.9 % . • Gross margin increased 80 basis points year over year to 16.4 % . • GAAP operating income was $ 2.7 million , a $ 7.1 million improvement compared to the prior - year quarter ; Adjusted Operating Income * , excluding impairment and restructuring charges , was $ 3.5 million . • GAAP EPS was $ 0.08 per diluted share compared to a loss of ( $ 0.25 ) per share in the second quarter of fiscal 2020 ; Adjusted EPS * was $ 0.12 per diluted share . • Adjusted EBITDA * increased $ 7.4 million year over year to $ 6.0 million . * Adjusted Revenue , Adjusted Operating Income ( Loss ) , Adjusted EPS and Adjusted EBITDA are Non - GAAP measures described and defined below . " I remain encouraged by our continued momentum and performance this quarter . Despite experiencing significant weather - related impacts in February of this year and the first seven weeks of operations in the prior - year quarter being pre - COVID , we reported sequential and year - over - year improvement in our operating results , " said Linda Perneau , President and Chief Executive Officer . " Thanks to the continued execution of our improved sales and delivery model , and our disciplined cost management , this quarter reflects our strongest year - over - year revenue growth in a decade , and our first positive GAAP net income in 14 quarters . " Second Quarter Results North American Staffing revenue for the quarter was $ 184.3 million , as compared to $ 173.4 million for the second quarter of fiscal 2020. Revenue for this segment increased approximately 6.3 percent year over year . The increase is primarily attributable to business wins with new clients and expansion of business within existing clients . International Staffing revenue for the quarter was $ 27.9 million , compared to $ 24.3 million in the prior - year quarter . Adjusted Revenue increased 4.3 percent year over year . The increase is primarily due to increased managed service business and direct hire revenue in