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ENGLEWOOD CLIFFS, N.J. - Atlantic International Corp. (NASDAQ:ATLN), a $240.7 million market cap provider of strategic staffing and workforce solutions, has unveiled a new conversational AI platform through its subsidiary, Lyneer Staffing Solutions. The company, which has shown revenue growth of 10.11% over the last twelve months, comes to this launch amid mixed financial signals. According to InvestingPro data, ATLN has recently seen a significant 27.14% return over the past week. The platform aims to transform hiring and compensation decisions by providing real-time workforce intelligence and compensation insights in an accessible subscription model.
The AI-powered assistant allows hiring managers and HR professionals to engage in natural dialogue to access market intelligence. It integrates data from various hiring platforms and includes regional economic indicators and career trajectory analytics, offering actionable insights for businesses. This technological advancement comes as the company operates with a gross profit margin of 10.77%, which InvestingPro analysts note as one of several key metrics affecting the company’s performance.
Todd McNulty, CEO of Lyneer Staffing Solutions, said the AI platform is designed to "democratize workforce intelligence," ensuring that "organizations of every size can access sophisticated market analysis." The system responds to inquiries such as competitive salary comparisons and benefits packages analysis, facilitating informed hiring strategies.
Subscribers to the AI platform will benefit from features like real-time compensation analysis, insights into benefits and bonus structures, cost-of-living adjustments for different markets, career progression forecasting, and custom report generation. The service promises continuous updates and enhancements to maintain the relevance and accuracy of the information provided.
Jeffrey Jagid, CEO of Atlantic International, emphasized the subscription service’s role in eliminating barriers to advanced workforce intelligence. He noted that the scalable model allows clients to adjust their access as needed while staying informed about market trends.
This launch marks a significant step in Atlantic International’s expansion into AI-powered workforce solutions. The AI platform is now available through Lyneer Staffing Solutions, extending Atlantic International’s commitment to integrating advanced technology with industry expertise. With a current ratio of 0.62 and an overall Financial Health score of "FAIR" according to InvestingPro, investors can access over 10 additional exclusive ProTips and detailed financial metrics with an InvestingPro subscription.
The information for this article is based on a press release statement.
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