NEW YORK, NY--(Marketwired - August 26, 2016) - Staffing 360 Solutions, Inc. (NASDAQ: STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations in the US and UK, today announced that the Company's financial results will be released on Monday, August 29, 2016, and its Form 10-K for the fiscal year ended May 31, 2016 will be filed the same day, followed by its earnings conference call on Wednesday, September 7, 2016 at 9:00 am Eastern Time.
Speakers will include: Brendan Flood, Executive Chairman; Matt Briand, President and Chief Executive Officer; David Faiman, Chief Financial Officer; and Darren Minton, Executive Vice President of Staffing 360 Solutions. The conference call will include a Q&A session where investors will have the opportunity to ask questions of the senior management team.
"We are looking forward to sharing our latest financial results," stated Brendan Flood, Executive Chairman of Staffing 360 Solutions. "You'll notice we are having our earnings call after Labor Day this year, approximately one week from our financials, to ensure that our entire management team is available to speak and conduct Q&A. This year we achieved record levels of revenue and Adjusted EBITDA, we raised $5.3 million of equity utilizing our S-3 registration statement, completed two acquisitions and we uplisted to Nasdaq, all within the past 12 months. Investors are encouraged to dial-in and learn more about our annual results, M&A opportunities and our strategic growth initiatives as we continue to achieve new milestones."
The teleconference can be accessed by dialing 877.407.0778 within the United States, 800.756.3429 within the UK, or 201.689.8565 internationally. Please dial in 10 minutes prior to the beginning of the call. There will be a playback of the teleconference available until September 30, 2016. To listen to the playback, dial 877.481.4010 within the United States or 919.882.2331 internationally and use replay ID number: 10067.
The conference call will be simultaneously webcast and available at:
About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. (NASDAQ: STAF) is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the US and UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space. For more information, please visit: www.staffing360solutions.com.
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Certain matters discussed within this press release are forward-looking statements including, but not limited to the timing and ability to enter into any additional acquisitions, as well as the size of future revenue. Although Staffing 360 Solutions, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Specifically, in order for the Company to achieve annualized revenues of $300 million, the Company will need to successfully raise sufficient capital, to consummate additional target acquisitions, successfully integrate any newly acquired companies, organically grow its business, successfully defend current and any potential future litigation, as well as various additional contingencies, many of which are unknown at this time and generally out of the Company's control. The Company can give no assurance that it will be able to achieve these objectives. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Staffing 360 Solutions' reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.
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