Bullish indicating open at $55-$60, IPO prices at $37
ENGLEWOOD CLIFFS, N.J. - Atlantic International Corp. (Nasdaq:ATLN), currently trading at $1.80 and down over 65% in the past six months, has postponed its Annual General Meeting that was originally scheduled for July 15, 2025, the company announced Friday.
The provider of strategic staffing, outsourced services, and workforce solutions said the meeting will be rescheduled for a date to be determined later this year. The company, which generated revenue of $445 million in the last twelve months with a gross profit margin of ~11%, did not provide a reason for the postponement in its statement. According to InvestingPro, which offers 8 additional key insights about ATLN, the company’s next earnings report is scheduled for August 14, 2025.
Atlantic International operates through subsidiaries including Lyneer Staffing Solutions, offering staffing, recruiting, and strategic outsourcing services across various industries.
The company’s announcement was made through a press release statement. Atlantic International is publicly traded on the Nasdaq stock exchange.
In other recent news, Atlantic International Corp. announced its inclusion in the Russell 3000 Index, effective June 30, 2025. This development is part of the annual reconstitution of Russell indexes, which are widely used as benchmarks by investment managers. Additionally, Atlantic International has appointed Matt Evelt as its new Chief Operating Officer. Evelt brings over two decades of industry experience to the role and is expected to enhance the company’s global operations and growth strategies.
In another significant move, Atlantic International launched a new AI workforce platform through its subsidiary, Lyneer Staffing Solutions. The platform aims to provide real-time workforce intelligence and compensation insights, accessible via a subscription model. This initiative underscores Atlantic International’s commitment to integrating advanced technology with its staffing solutions. The AI platform offers features such as real-time compensation analysis and career progression forecasting, designed to aid hiring managers and HR professionals in making informed decisions. These recent developments highlight Atlantic International’s strategic efforts to expand its market presence and operational capabilities.
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