Atlantic Intl Stock Price, News & Analysis

Atlantic International's subsidiary Lyneer Staffing Solutions has integrated AI capabilities into its Apollo Ecosystem, enhancing its workforce solutions platform. The AI-powered system now features advanced machine learning and predictive analytics for improved workforce trend analysis, candidate matching, and market insights. Key features include real-time data processing, predictive candidate matching, automated market analysis, skill gap identification, and dynamic pricing optimization. The integration maintains a balance between technological innovation and human expertise, with AI designed to augment rather than replace human capabilities. The comprehensive platform combines multiple data sources, including job market trends, economic indicators, and proprietary databases, to provide clients with actionable intelligence for strategic workforce planning.

Atlantic International Corp. (NASDAQ: ATLN) has appointed Matt Evelt as Chief Operating Officer, effective immediately. Evelt brings over 20 years of leadership experience in workforce strategy and operational transformation. He previously served as President – Americas at Airswift and held executive positions at The ROOSEVELT Strategic, Gattaca, NES Fircroft, and TRS Staffing Solutions. In his new role, Evelt will oversee global operations, drive efficiency, and scale Atlantic International's delivery of workforce solutions. CEO Jeffrey Jagid highlighted Evelt's reputation for leadership integrity and building world-class teams. Evelt, who holds a B.A. in Government from The University of Texas at Austin and is bilingual in English and Spanish, expressed enthusiasm about joining the company and accelerating its growth.

Atlantic International Corp's subsidiary Lyneer Staffing Solutions has launched a new conversational AI platform focused on workforce intelligence. The subscription-based platform provides real-time access to comprehensive workforce data and compensation insights through a natural dialogue interface. Key features include: real-time compensation analysis, benefits insights, cost-of-living adjustments, career progression forecasting, and custom report generation. The platform integrates job market data from multiple sources and incorporates regional economic indicators to help organizations make informed hiring decisions. CEO Todd McNulty emphasizes the platform's goal to democratize workforce intelligence, while Atlantic International CEO Jeffrey Jagid highlights how the subscription model makes sophisticated HR technology accessible across industries.

Atlantic International Corp. (NASDAQ: ATLN) reported strong financial results for Q4 and full year 2024. The company achieved $442.6 million in full-year revenue, up 10.3% from 2023, with Q4 revenue reaching $129.5 million, an 11.5% increase year-over-year.

Key financial metrics include Q4 gross profit of $13.3 million (10.3% margin) and full-year gross profit of $47.2 million (10.7% margin). Adjusted EBITDA for Q4 and full year were $1.9 million and $4.7 million respectively.

Strategic developments include expansion of workforce solutions across Texas and Southeast, launch of Site Selection Dashboard, and termination of Staffing 360 merger. The company targets ambitious revenue growth to $1-1.5 billion within 12-18 months through organic growth and M&A initiatives, while focusing on margin improvement and cost-cutting measures for 2025.

Atlantic International Corp. (Nasdaq: ATLN) announced that its subsidiary Lyneer Staffing Solutions has secured a significant contract renewal with a premier North American baking company in Northern California. The renewed partnership includes an expansion to additional locations, with Lyneer positioned to capture approximately $10 million in spending.

The expanded contract, effective immediately, demonstrates Lyneer's expertise in providing specialized workforce solutions for the food production industry. Lyneer will commence staffing operations at the new locations in the coming weeks, strengthening its partnership with the client while scaling its workforce solutions across their operations.

Atlantic International Corp. (Nasdaq: ATLN) announced that its subsidiary Lyneer Staffing Solutions has secured a strategic workforce agreement with a major North American industrial distributor serving multiple sectors. The agreement is valued at up to $10 million, split between $5 million in contract business and $5 million in direct hire spending.

The partnership enables Lyneer to provide comprehensive staffing solutions across more than 20 locations throughout the continental United States. The agreement covers both temporary and permanent placement services, focusing on serving the aerospace, defense, automotive, and medical sectors, strengthening Atlantic's position in industrial staffing.

Atlantic International Corp. (NASDAQ: ATLN) has announced that its subsidiary Lyneer Staffing Solutions has secured a significant contract with a major central Pennsylvania food manufacturer. The initial contract is valued at $2 million in annual spending, with potential national expansion opportunities that could generate an additional $20+ million in revenue over the next 12-24 months.

The agreement establishes Lyneer as a key workforce solutions provider for the manufacturer's Pennsylvania operations, with possibilities to extend services to additional facilities across the United States. The contract, which began in January 2025, will focus on providing temporary workforce services, with national expansion discussions aimed at delivering scalable, cost-effective staffing solutions throughout the year.

Atlantic International Corp. (ATLN) has received approval to uplist its common stock from OTC Markets to the Nasdaq Global Market, with trading scheduled to commence on December 11, 2024, under the same ticker symbol 'ATLN'. The company, a provider of strategic staffing and workforce solutions, views this move as strategic to enhance visibility, attract diverse investors, and improve trading liquidity.

CEO Jeffrey Jagid highlighted that the pending acquisition of Staffing 360 Solutions, Inc. is expected to generate pro forma revenue of approximately $620 million, positioning Atlantic as one of the fastest-growing human capital management companies entering 2025.

Atlantic International Corp. (OTC: ATLN) has announced that its subsidiary Lyneer Staffing Solutions has secured a major staffing contract with a leading international home goods distributor. The partnership will initially provide flexible workforce solutions for one of the distributor's major U.S. distribution hubs, creating up to 150 new job opportunities. The contract, starting December 2024, is expected to generate revenue of up to $15.0 million annually, with potential expansion to additional locations based on performance.