Thank Herb. you,
first in results. stated I reflected are progress we opening my not our As quarter in is Volt within fully the comments, making
business continue our American positive We make across segment. strides our to North especially within
projection. in increased Staffing American experiencing accounts in new are line the and business are North revenues fiscal won initial This than The our softer our clients. than a at with more we certain from ongoing the offset by ramp combined our workforce first adjustments the some from we larger some historic performing better was seasonal segment, clients, in during late XXXX. of cases of quarter progress won In
the Northern revenue difficulty] our [technical North recognized million Staffing American segment the in MSP decline year-over-year American $X.X resulted into quarter, This segment. revenue As Staffing a of for in segments. our approximately loss North for exaggerating American
to gross stated goal selling training of sells and by fundamental margins month. within placement A this end our our on This of of for area. key referenced several branches. of our last in approach change the After As is completing for this business. slow strategy hire are progress strategy we direct our achieve everybody the previously call, is everybody our in the have our branches quarters, final recent a expect our piece stages we within seen accelerating
Following continuing in both the billing. early hire increases direct year we generation into January are holidays, this and prior results order seeing QX. indications substantial outpaced The trend is that and so
share opportunities market on of profile the from to and expansion clients. Finally, market multiple within business new we ranging are a attractive existing with opportunities, bidding very process location in
job teams and an our doing accretive As are an are and delivery excellent sales motivated targeting opportunities. new of organization, business
new of growth a MSP offered, quarter. American services from for the After into from continued our shift its combination our North prior segment, Our suite North increasing as the American Staffing grew through XX.X% of expansion as well accounting sites. revenue segment business year MSP
year. with and from will We expanding expect growth over services wins new as presence of both come the existing course our as well future clients, the
a me to both client's minute and to from American and MSP North client Volt. transition this benefits occurs how Let take Staffing a explain how the
reduce of clients. traditional progression Many staffing their be start vendor a be this management and the expansion, operational costs, overall allow and scalability improve a own in broader a dynamic growth So model environment off a select transition designed for lifecycle solution and may warranted. in through can natural with to
solution solution of North transition organization. offers greater business. our track our American demonstrated Volt our through a portion with record industry leading Volt Fortunately, clients offers managed MSP a A to an
their manages talent solidifies their total with and the spend, client. within expands footprint the relationship MSP Our our organization
transition statement on net-net gross income a good this despite is the on So different very a basis. for we revenue our recognized looking versus basis because company, the
our have the segment, that the in Brexit of legislative completion of U.K., the other surrounding coronavirus implications like changes, current operations Regarding at course January, companies the the we international of are end monitoring and situation.
levels, any revenue We unfold. as placement fulfillment, impact expect these on remains direct generation international performance. in activity order with increased order and and team higher hire offset headwinds margin to events accelerating focused The QX
office a our positions on provide I the strategic Volt transitioning based in company like Bangalore. based to Lastly, of U.S. update Arctern, to back would some of an
at India to a organizational group overall the and some completed in nearly and our this orange schedule. is the office organization recently be our of remains phase transformation. global employees hosted excited of very We participate important first The and improving to project an on based part is
are significant efforts to which continued their positions and to to ongoing of commitment, vital We appreciative through transition are progress India based with seeing collaboration made our Bangalore. our team, is fully
XXXX. strategic expect million As we result million stated the quarters of on as will recognized fiscal savings These also year. in initiatives this in in savings in anticipate $X third we well we XXXX, $XX much to fourth fiscal for cost and savings as fiscal as this be call, other our January and as
essential to functional to January, implemented restricting policies COVID-XX. I on for want late and management of from We move team including including the plans novel outlook, high This travel to all the non respond In in established team and or guidance Disease the - I a countries preparedness travel. Incident includes travel we Response the Before of Volt’s restricting address executive monitor risk to to representatives development. coronavirus we myself. Center ongoing updated based local Control, wake cross
COVID-XX service. those planning of mechanisms prepared our event a the had no in closures cases present, have contingency At we have at client's or of We of any our inspections own reports facility. we or locations at office
and have of in or employees they is are travel the and ePayStub ill. emails ill our proper event through to direct We someone in follow field who the protocol, contact come sanitation channels notified with restrictions processes
established strict have We site. our our to guidelines offices visitors client and/or for
at we We our have disinfecting service. clients facilities scheduling enhanced
our guidance and and We our associate on policies. subcontractors to provided hygiene, including both travel have visitor vendors partners
and across drive inform, ongoing our awareness to educate our continue workforce. entire We efforts
business to that of and protect we clients, that rapidly this and health ensuring committed experiencing any evolves. notable are remains are to our monitoring our safety clients priority. valued real the time. The top we we our Volt time, our this colleagues at remains not our aware closely steps Though field are are employees, our correct employees Volt and as impact situation taken
six today weeks the Moving The we now start better and of by performing on February than to than favorable outlook, February. are trend quarter in. with encouraged out here better performing the we as played we March the expected QX early sit
are market the and last conditions, the will Given XX the we realize fluid weeks. seven to XX hours, as to changing unclear the over over impact rapidly we specifically remaining
there however, not We when guidance point unknown. We be anticipate impact to this time. is largely remains it prudent at and provide may much how do some in believe
EBITDA our of to remain continue We optimistic achieve half fiscal ability latter in performance adjusted to improved adjusted about XXXX. revenue the and
and Before Volt call colleagues their and role, and loyalty thank to for up to day. demonstrate story. desire dedication, steadfast remain individual ongoing our employees our they globe want across deliver clients each for questions, outstanding open impact our I each of to positively and field service in the regardless the commitment They of every each passion, I the
Now, open Operator? questions. for to I call would the up like
