financetom
Business
financetom
/
Business
/
Atlantic International Unit Wins $2 Million Contract to Provide Temporary Workforce Services to Food Manufacturer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Atlantic International Unit Wins $2 Million Contract to Provide Temporary Workforce Services to Food Manufacturer
Jan 14, 2025 10:08 AM

12:33 PM EST, 01/14/2025 (MT Newswires) -- Atlantic International ( ATLN ) said Tuesday that its subsidiary Lyneer Staffing Solutions was awarded an initial contract to provide temporary workforce services to a Pennsylvania food manufacturer.

The contract, which commenced in January, is valued at $2 million in annual spending and could be expanded nationally for additional revenue of more than $20 million over the next 12 to 24 months, the staffing and outsourced services firm said.

Atlantic International ( ATLN ) shares were up 4.5% in recent trading.

Price: 4.75, Change: +0.20, Percent Change: +4.48

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
What's Going On With Paysafe Stock Today?
What's Going On With Paysafe Stock Today?
Mar 7, 2024
Paysafe Limited ( PSFE ) shares are trading lower on Thursday.  The company reported fourth-quarter adjusted earnings per share of 66 cents, beating the street view of 16 cents. Quarterly revenue of $414.54 million beat the analyst consensus of $413.575 million. Sales increased 8% year over year. Revenue from the Merchant Solutions segment increased 9%, led by double-digit growth from e-commerce solutions.  Revenue...
STMicroelectronics Unveils New Industrial Microprocessor Series; Shares Rise
STMicroelectronics Unveils New Industrial Microprocessor Series; Shares Rise
Mar 7, 2024
11:49 AM EST, 03/07/2024 (MT Newswires) -- STMicroelectronics ( STM ) said Thursday it is releasing the new STM32MP2 industrial microprocessors with 64-bit processing and edge artificial-intelligence acceleration. The company said the first units are scheduled to enter volume production in June. STMicroelectronics ( STM ) shares rose 4.1% in recent trading Thursday. Price: 48.80, Change: +1.93, Percent Change: +4.13...
Planet 13 Closes Public Offering For Gross Proceeds of US$11.3 Million
Planet 13 Closes Public Offering For Gross Proceeds of US$11.3 Million
Mar 7, 2024
11:53 AM EST, 03/07/2024 (MT Newswires) -- Planet 13 Holdings Inc. ( PLNH ) has closed its previously announced underwritten public offering for total gross proceeds of US$11.3 million. The company issued and sold 18.75 million units at US$0.60 each. Each unit consisted of one share and one warrant. Each warrant is exercisable for one share at US$0.77, for five...
Teladoc Expands Obesity, Weight-Management Offering; Shares Rise
Teladoc Expands Obesity, Weight-Management Offering; Shares Rise
Mar 7, 2024
12:02 PM EST, 03/07/2024 (MT Newswires) -- Teladoc (TDOC) said Thursday it is expanding its obesity and weight-management offering with new features that include helping plan sponsors and pharmacy-benefit managers manage costs. The virtual health care services provider said the expanded offering will also help in managing growing demand for anti-obesity medication such as glucagon-like peptide 1 agonists, and support...
Copyright 2023-2026 - www.financetom.com All Rights Reserved