Atlantic International Corp. Reports Strong Operational Improvements in Second Quarter 2025
Atlantic International Corp. (Nasdaq: ATLN) reported its Q2 2025 financial results, showing significant operational improvements. The company narrowed its net loss by 81% to $10.7 million ($0.20 per share) compared to Q2 2024's loss of $54.9 million. Service revenue reached $102.9 million, with permanent placement services growing 17% year-over-year.
Key highlights include gross profit margin improvement to 11.1%, positive operating cash flow of $5.0 million for the six months, and securing a new $70 million asset-based lending facility. The company's permanent placement segment showed strong growth, increasing 16.9% in Q2 and 9.3% for the six-month period, despite economic headwinds.
Atlantic International Corp. (Nasdaq: ATLN) ha comunicato i risultati del secondo trimestre 2025, evidenziando significativi miglioramenti operativi. La società ha ridotto la perdita netta dell'81% a $10,7 milioni ($0,20 per azione) rispetto alla perdita di $54,9 milioni del Q2 2024. I ricavi da servizi sono saliti a $102,9 milioni, con i servizi di collocamento permanente in crescita del 17% su base annua.
Punti chiave: il margine di utile lordo è salito all'11,1%, il flusso di cassa operativo è stato positivo per $5,0 milioni nel semestre e l'azienda ha ottenuto una nuova linea di credito basata su attivi da $70 milioni. Il segmento dei collocamenti permanenti ha mostrato una solida performance, aumentando del 16,9% nel Q2 e del 9,3% nel periodo di sei mesi, nonostante i venti contrari economici.
Atlantic International Corp. (Nasdaq: ATLN) informó sus resultados del segundo trimestre de 2025, mostrando mejoras operativas relevantes. La compañía redujo su pérdida neta en un 81% hasta $10,7 millones ($0,20 por acción) frente a la pérdida de $54,9 millones en el Q2 de 2024. Los ingresos por servicios alcanzaron $102,9 millones, con los servicios de colocación permanente creciendo un 17% interanual.
Puntos clave: la rentabilidad bruta mejoró hasta el 11,1%, el flujo de caja operativo fue positivo por $5,0 millones en los seis meses y se aseguró una nueva línea de crédito basada en activos de $70 millones. El segmento de colocaciones permanentes mostró un fuerte crecimiento, aumentando un 16,9% en el Q2 y un 9,3% en el periodo semestral, pese a los vientos económicos en contra.
Atlantic International Corp. (Nasdaq: ATLN)가 2025년 2분기 실적을 발표하며 운영 지표가 크게 개선되었습니다. 순손실은 전년 동기 $54.9M에서 81% 축소된 $10.7M(주당 $0.20)으로 줄었습니다. 서비스 매출은 $102.9M을 기록했으며, 상시 채용(퍼머넌트 플레이스먼트) 서비스는 전년 대비 17% 성장했습니다.
주요 사항으로는 매출총이익률이 11.1%로 개선된 점, 6개월 누계 영업현금흐름이 $5.0M 플러스를 기록한 점, 그리고 신규 $70M 규모의 자산담보 대출(ABL) 시설을 확보한 점이 있습니다. 상시 채용 부문은 2분기에 16.9%, 6개월 누계로는 9.3% 성장하며 경제적 역풍 속에서도 견조한 성장세를 보였습니다.
Atlantic International Corp. (Nasdaq: ATLN) a publié ses résultats du deuxième trimestre 2025, faisant état d'améliorations opérationnelles notables. La perte nette a été réduite de 81% à 10,7 M$ (0,20 $ par action) contre une perte de 54,9 M$ au T2 2024. Les revenus de services ont atteint 102,9 M$, les services de recrutement permanent ayant progressé de 17% en glissement annuel.
Points clés : la marge brute s'est améliorée à 11,1%, le flux de trésorerie d'exploitation a été positif de 5,0 M$ sur six mois, et l'entreprise a obtenu une nouvelle facilité de crédit garantie par des actifs de 70 M$. Le segment des placements permanents a enregistré une forte croissance, en hausse de 16,9% au T2 et de 9,3% sur six mois, malgré des vents contraires économiques.
Atlantic International Corp. (Nasdaq: ATLN) veröffentlichte die Finanzergebnisse für das 2. Quartal 2025 und zeigte deutliche operative Verbesserungen. Der Nettoverlust wurde um 81% auf $10,7 Millionen ($0,20 je Aktie) reduziert gegenüber dem Verlust von $54,9 Millionen im Q2 2024. Die Serviceerlöse beliefen sich auf $102,9 Millionen, wobei die Permanent-Placement-Dienstleistungen im Jahresvergleich um 17% wuchsen.
Wesentliche Punkte: die Bruttogewinnmarge verbesserte sich auf 11,1%, der operative Cashflow war im Sechsmonatszeitraum mit $5,0 Millionen positiv, und das Unternehmen sicherte sich eine neue $70 Millionen asset-basierte Kreditfazilität. Das Permanent-Placement-Segment verzeichnete starkes Wachstum: 16,9% im Q2 und 9,3% im Sechsmonatszeitraum, trotz wirtschaftlicher Gegenwinde.
- Net loss narrowed significantly by 81% year-over-year to $10.7 million
- Permanent placement services revenue grew 17% year-over-year
- Gross profit margin improved to 11.1%
- Secured new $70 million asset-based lending facility
- Operating cash flow turned positive at $5.0 million from -$4.2 million last year
- Company still operating at a net loss of $10.7 million
- Service revenue showed minimal growth at $205.7 million vs $205.3 million year-over-year
- Facing economic headwinds affecting business performance
Insights
Atlantic has narrowed losses by 81%, improved cash flow, and secured new financing while permanent placement services grew 17% YoY.
Atlantic International's Q2 2025 results show significant improvement in bottom-line performance, with net losses narrowing by
The company's service revenue held relatively steady at
Gross profit margins improved to
Perhaps most encouraging is the shift to positive operating cash flow of
The company has also strengthened its financial foundation by securing a new
While management cites "economic headwinds" in Q2, they project continued improvement in the second half of 2025 as market conditions stabilize and their strategic initiatives gain traction. The strong performance in permanent placement services suggests Atlantic is successfully transitioning toward higher-margin business segments that could accelerate its path to profitability.
ENGLEWOOD CLIFFS, N.J., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Atlantic International Corp. (Nasdaq: ATLN), a leading strategic staffing, outsourced services, and workforce solutions company, today announced financial results for the second quarter ended June 30, 2025, demonstrating significant operational improvements and a strengthened financial position.
Second Quarter 2025 Highlights:
- Net loss narrowed by
81% to$10.7 million (or$0.20 per share), compared to a net loss of$54.9 million (or$1.96 per share) in Q2 2024 - Service revenue was
$102.9 million , with permanent placement services up17% year-over-year. - Gross profit margin improved to
11.1% , reflecting pricing discipline and efficiency. - Operating cash flow was
$5.0 million for the six months, improving from$(4.2) million a year ago. - Enhanced financial flexibility by securing a new
$70 million asset-based lending facility, replacing the prior credit arrangement, supporting growth initiatives, and working capital needs.
Six-Month 2025 Performance:
- Service revenue increased to
$205.7 million from$205.3 million in the prior year period - Gross profit improved
3.0% to$22.6 million , with gross margin expanding to11.0% from10.7% - Net loss per share improved
82% to$(0.40) compared to$(2.23) in the prior year period
"We are pleased to report substantial progress in our operational performance and financial position during the second quarter," said Jeffrey Jagid, Chief Executive Officer of Atlantic International Corp. "Our significant improvement in profitability metrics, combined with positive operating cash flow generation, reflects the strength of our business model and the dedication of our team. While we navigated some economic headwinds in the quarter, we're seeing encouraging momentum heading into the third quarter, with strong demand in both our temporary and permanent placement services, as well as improved operational efficiency across our platform. We expect the second half of the year to show continued improvement as market conditions stabilize and our strategic initiatives gain traction."
The Company's permanent placement and other services segment continued to demonstrate strong growth, increasing
About Atlantic International Corp. Atlantic International Corp., through its subsidiaries, is a national strategic staffing firm servicing commercial, professional, finance, direct placement, and managed service provider verticals. The Company specializes in temporary and temporary-to-permanent labor placement across various industries, primarily placing individuals in accounting and finance, administrative and clerical, information technology, legal, light industrial, and medical roles. Atlantic is also a leading provider of productivity consulting and workforce management solutions, with more than 100 locations throughout the United States.
Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Important factors that could cause actual results to differ materially include economic conditions, competition, and other factors described in the Company's filings with the Securities and Exchange Commission.
Investor Relations Investors@atlantic-international.com
FAQ
What were ATLN's Q2 2025 earnings results?
How much did Atlantic International's permanent placement services grow in Q2 2025?
What is the size of ATLN's new credit facility?
How did Atlantic International's operating cash flow perform in H1 2025?
What was Atlantic International's gross profit margin in Q2 2025?
