Atlantic International Corp. Achieves Strong YTD Performance Through Operational Efficiencies and Substantial Revenue Growth

Core Insights - Atlantic International Corp. reported a significant improvement in its financial performance for the third quarter of 2025, achieving $315.8 million in service revenue year-to-date, with a record revenue of $110.1 million for the quarter, reflecting a 2.2% increase compared to the same period last year [1] - The company narrowed its net loss to $32.3 million, or $0.59 per share, compared to a net loss of $66.8 million, or $2.04 per share, in 2024, marking an improvement of $34.5 million year over year [2] - Adjusted EBITDA for the first nine months of 2025 improved to a negative $0.7 million from a negative $2.7 million in the prior year, indicating stabilization in the cost structure [2] Financial Performance - Total assets as of September 30, 2025, were reported at $110.3 million, reflecting the company's active management of its capital structure to support operational needs and long-term strategic priorities [4] - The company is positioned for ongoing stability and sustained financial gains due to momentum from cost discipline, strong client relationships, and process improvements [4] Strategic Outlook - Management anticipates continued improvement throughout the remainder of 2025 and into 2026, driven by additional efficiency initiatives and enhancements in service delivery [3] - The growth strategy focuses on leveraging operational efficiencies for organic growth in core markets, pursuing selective expansion in high-potential HR service areas, and enhancing technology-driven service delivery to meet evolving client needs [3]