Staffing 360 Solutions (NASDAQ:STAF) Posts Earnings Results, Misses Expectations By $2.63 EPS

Staffing 360 Solutions (NASDAQ:STAF) announced its quarterly earnings results on Monday. The business services provider reported ($3.55) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.92) by ($2.63), Zacks reports. The firm had revenue of $44.18 million for the quarter, compared to the consensus estimate of $45.81 million. Staffing 360 Solutions had a negative net margin of 13.94% and a negative return on equity of 551.45%.

Staffing 360 Solutions Trading Down 2.9 %

NASDAQ STAF opened at $1.49 on Wednesday. The firm has a market cap of $1.36 million, a price-to-earnings ratio of -0.02 and a beta of 0.55. Staffing 360 Solutions has a 1-year low of $1.31 and a 1-year high of $9.40. The company has a 50 day moving average of $2.32 and a 200-day moving average of $2.83.

Staffing 360 Solutions Company Profile

Staffing 360 Solutions, Inc, a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. It provides temporary contractors, and permanent placement services. The company focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.