SeqLL Inc (SQL) News

$ATLN News: Atlantic International Corp. Expands Footprint with New Temple, TX Location

ENGLEWOOD CLIFFS, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Atlantic International Corp. (“Atlantic”) (OTC: ATLN), a leading provider of strategic staffing outsourced services and workforce solutions, today announced a new location in Temple, TX for its subsidiary Lyneer Staffing Solutions, marking a significant milestone in the company's strategic expansion.

This latest addition to Lyneer's network will support a leading industrial automation company. It underscores Lyneer’s commitment to forging partnerships with key industry players and reinforcing its dedication to providing cutting-edge workforce solutions that optimize productivity and fuel client growth.

Lyneer Staffing Solutions' CEO, Todd McNulty, commented on the expansion: “Our new Temple, TX location represents a pivotal step in strengthening our regional presence. This facility will empower us to provide more responsive, tailored solutions to our clients, addressing their dynamic staffing challenges in today's rapidly evolving business landscape.”

Jeffrey Jagid, CEO of Atlantic, emphasized the importance of this expansion: “Our growth strategy at Atlantic International is deeply rooted in fostering strong, mutually beneficial partnerships. The expansion of Lyneer Staffing Solutions into Temple, TX, exemplifies our commitment to growing alongside our clients and adapting to their evolving needs. By strengthening our presence in key markets, we're not just expanding our footprint but enhancing our ability to deliver value and drive success for our partners.”

With an established reputation for excellence across multiple industries, this strategic expansion further solidifies Lyneer's position as the go-to staffing partner for businesses seeking top-tier talent and innovative workforce solutions.

About Atlantic International Corp.

Atlantic International Corp. (“Atlantic”) is a leading strategic staffing, outsourced services, and workforce solutions company executing a high-growth strategy. Through its principal operating subsidiary, Lyneer Investments LLC (“Lyneer”), Atlantic’s approximately 300 employees generated over $400 million in revenue (for the twelve months ending December 31, 2023). According to Staffing Industry Analysts, Atlantic is among the top 20 largest national staffing companies servicing the light industrial, commercial, professional, finance, direct placement, and managed service provider verticals. Atlantic provides its customers with complete HR solutions, operating 40 independent on-site and vendor-on-premises facilities and paying over 12,000 employees weekly.

For more information about Lyneer Staffing Solutions please visit http://www.lyneer.com.

For more information about Atlantic International Corp., please visit http://www.atlantic-international.com.

Forward-Looking Statements & Safe Harbor Statement

With the exception of the historical information contained in this press release, the matters described herein, may contain “forward-looking statements” relating to the business of Atlantic, and its subsidiary company Lyneer. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors.

Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations Contact

Kale Fein
kfein@atlantic-international.com
+1 (213) 915-6414

https://www.globenewswire.com/newsroom/ti?nf=OTIyNjI3MiM2NDY2MDY0IzIyMjIwMDE=
https://ml.globenewswire.com/media/MTgxZjM5ODEtMmQ5Ny00NzIzLWI5OTktMmQyZTI2NWFlM2VkLTEyMzM1NTQ=/tiny/Atlantic-International-Corp.png

Source: Atlantic International Corp.

$ATLN +11.50% Atlantic International’s Subsidiary, Lyneer Staffing Solutions, Announces Key Expansion in Rock Hill, South Carolina https://finance.yahoo.com/news/atlantic-international-subsidiary-lyneer-staffing-120000924.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr Yahoo Finance

$ATLN Watching for updates and moves by management, with the new ticker and share structure, its a prominent time for an up-list to Nasdaq.

ATLN 3rd quarter results coming up in November should add to the interest level here. The recent acquisition of Lyneer is making a big contribution.

From the news:
For the third quarter of 2024, Atlantic International Corp. expects revenue to be in the range of $105 - $115 million, reflecting continued momentum in our core customer base and seasonal trends. The company anticipates margins to improve, supported by ongoing efficiency initiatives and strategic investments, as well as reduced integration costs from the completed acquisition of Lyneer.

Looks to me like ATLN is an underappreciated and undervalued stock at current pps and trading levels. They should certainly get more attention as they continue to report strong revenue results and a high growth rate.

ATLN does some pretty impressive revenues. They are pulling in over $100 million a quarter this year and are on track to increase to $1 billion in 2025.

From the news:
- Expansion Initiatives: Atlantic International Corp.’s subsidiary Lyneer continues to execute on its strategic growth initiatives, including the expansion into new markets and the launch of innovative product lines. We are targeting combined annual revenue in excess of $1 billion in 2025, including acquisitions.

$ATLN Operational Highlights:

- Expansion Initiatives: Atlantic International Corp.’s subsidiary Lyneer continues to execute on its strategic growth initiatives, including the expansion into new markets and the launch of innovative product lines. We are targeting combined annual revenue in excess of $1 billion in 2025, including acquisitions.

- New Onsite Locations: The company successfully opened the Rock Hill, South Carolina logistics center on behalf of UPS, bolstering our position in the fast-growing Southeast market and enhancing our service capabilities for the world’s largest global logistics provider.

- Investments in Operating Platform and M&A Expertise: We are making investments in our technology and infrastructure, including personnel, today, that we anticipate will deliver long-term results. Our newly established operating platform can service 3x Atlantic’s revenue run-rate, while delivering improved client service and satisfaction.

About Atlantic International Corp. $ATLN Atlantic International Corp. (“Atlantic”) is a leading strategic staffing, outsourced services, and workforce solutions company executing a high-growth strategy. Through its principal operating subsidiary, Lyneer Investments LLC (“Lyneer”), Atlantic’s approximately 300 employees generated over $400 million in revenue (for the twelve months ending December 31, 2023). According to Staffing Industry Analysts, Atlantic is among the top 20 largest national staffing companies servicing the light industrial, commercial, professional, finance, direct placement, and managed service provider verticals. Atlantic provides its customers with complete HR solutions, operating 40 independent on-site and vendor-on-premises facilities and paying over 12,000 employees weekly.

$ATLN on alert. Company Reported 17% Revenue Growth for the 2nd Quarter. @OTCMarkets @nasdaq

Great news from mid-August. Company is going places. Reported revenue of $104.6 million, representing a 17% increase compared to $89.4 million for the same period last year. Very impressive numbers Scout. $ATLN

$ATLN News: Atlantic International Corp. Reports Over $104 Million in Q2 Revenue and 17% Revenue Growth for the 2nd Quarter

Growth Follows Atlantic’s Completed Merger with Lyneer Staffing Solutions, Creating a Top 40 U.S. Staffing Firm with Over $400 Million in Annual Revenue

ENGLEWOOD CLIFFS, N.J., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Atlantic International Corp. (“Atlantic”) (OTC: ATLN), a leading provider of strategic staffing outsourced services and workforce solutions, today announced its financial results for the second quarter ended June 30, 2024. “Atlantic achieved substantial revenue growth in the second quarter, which was our first reporting period as a newly public company. We are extremely proud of all our employees who work every day to deliver e-commerce logistics on time and at the right price for our customers,” said Jeffrey Jagid, Chief Executive Officer.

Key Q2 Financial Highlights:

- Revenue: Atlantic International Corp. reported revenue of $104.6 million, representing a 17% increase compared to $89.4 million for the same period last year. Growth is attributed to expansion within our existing customer base and new customer wins, as well as improving demand for our core service offerings.

- Gross Profit: Gross profit for the quarter was $11.5 million, representing 11.0% of revenue, compared to $10.9 million, or 12.2% of revenue, in the same period last year. This was driven by expansion costs as we grow our relationships with existing clients opening new facilities and our onboarding of new clients.

Margin expansion is expected as we leverage our in-place executive team, existing back-office operations and add higher margin business, including permanent staffing revenues. We expect our next acquisition to bring an array of technology customers, which we expect to result in higher margin revenue and further diversify our customer base.

- Total Customers: As of June 30, 2024, we had approximately 1,100 total customers, compared to 1,000 as of March 31, 2024, a 10% increase quarter-over-quarter.

Operational Highlights:

- Expansion Initiatives: Atlantic International Corp.’s subsidiary Lyneer continues to execute on its strategic growth initiatives, including the expansion into new markets and the launch of innovative product lines. We are targeting combined annual revenue in excess of $1 billion in 2025, including acquisitions.

- New Onsite Locations: The company successfully opened the Rock Hill, South Carolina logistics center on behalf of UPS, bolstering our position in the fast-growing Southeast market and enhancing our service capabilities for the world’s largest global logistics provider.

- Investments in Operating Platform and M&A Expertise: We are making investments in our technology and infrastructure, including personnel, today, that we anticipate will deliver long-term results. Our newly established operating platform can service 3x Atlantic’s revenue run-rate, while delivering improved client service and satisfaction.

Management Commentary

“We are pleased to report another strong quarter, driven by solid revenue growth under the Atlantic brand,” said Jeffrey Jagid, CEO. “Our focus on operational excellence and strategic expansion has enabled us to deliver robust results and strengthen our market position. Looking ahead, we remain committed to growing topline revenue through new facilitates with our existing clients, through new customer acquisition, and through strategic M&A, creating significant value for our shareholders. We also look forward to our pending uplisting to a National Securities Exchange.”

Outlook

For the third quarter of 2024, Atlantic International Corp. expects revenue to be in the range of $105 - $115 million, reflecting continued momentum in our core customer base and seasonal trends. The company anticipates margins to improve, supported by ongoing efficiency initiatives and strategic investments, as well as reduced integration costs from the completed acquisition of Lyneer.

About Atlantic International Corp.

Atlantic International Corp. (“Atlantic”) is a leading strategic staffing, outsourced services, and workforce solutions company executing a high-growth strategy. Through its principal operating subsidiary, Lyneer Investments LLC (“Lyneer”), Atlantic’s approximately 300 employees generated over $400 million in revenue (for the twelve months ending December 31, 2023). According to Staffing Industry Analysts, Atlantic is among the top 20 largest national staffing companies servicing the light industrial, commercial, professional, finance, direct placement, and managed service provider verticals. Atlantic provides its customers with complete HR solutions, operating 40 independent on-site and vendor-on-premises facilities and paying over 12,000 employees weekly.

For more information about Lyneer Staffing Solutions please visit www.lyneer.com.

For more information about Atlantic International Corp., please visit www.atlantic-international.com.

Forward-Looking Statements & Safe Harbor Statement

With the exception of the historical information contained in this press release, the matters described herein, may contain “forward-looking statements” relating to the business of Atlantic, and its subsidiary company Lyneer. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors.

Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations Contact

Kale Fein
kfein@atlantic-international.com
+1 (213) 915-6414

https://www.globenewswire.com/newsroom/ti?nf=OTIwNTUwOCM2NDI1NjI2IzIyMjIwMDE=
https://ml.globenewswire.com/media/ODUwYmRhOTEtOWJkMS00NTQxLWE1ZTgtN2UwYzJjNDhiODY3LTEyMzM1NTQ=/tiny/Atlantic-International-Corp.png

Source: Atlantic International Corp.

Hmmmmmmmmm. Interesting.

SeqLL Inc, SEQL, changed to Atlantic International Corp., ATLN:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

SQL changed to SEQL. Delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

more DUMPING here

25

20s now

Who’s poking It again

$SQL: Just did a 1:40 RS.......... now at 13.50

With a 180k float............... LOWWWWWWwwwwwwwwwwwwwwwwwwwwwwwwwwww

Looking for a good entry here.


$KICK float much lower still......... at 5k shares :)


GO $SQL

might be a good short play

Should run like ADTX weeks ago right?

AH's should be exciting

Why

Volume

SQL: Hey, howdy, Colonel T-N!! (I myself did just FINE here today, & hope everybody did too who grabbed some of this.)

Accumulated all day long

Totally agree! Especially with this out-of-the-blue heavy volume. :)

SQL: It appears pretty damn interesting, Boss!!

Think you found a good one for us bro!

SQL: And just now (suddenly) popped-up on BARCHART'S big list, but wasn't on there all day long:
https://www.barchart.com/investing-ideas/penny-stocks?orderBy=percentChange5d&orderDir=desc

Looks good. Slow and steady the way I like

SQL: There's somethin' happening here --- what it is, ain't exactly clear.

SQL: Do NOT abandon ship, quite yet!!

SQL: Check-them-out!! (Cute Company!!)
http://seqll.com/

Planet Earth needs SINGLE MOLECULES detection, analysis, & otherwise computational gadgets!!!!!

62 break out

SQL: However, be sure to ANSWER my own Broker's fundamental trading and/or investing QUESTION (see below), before you invest in ANYTHING, Homeboys!!! (He's a very TOUGH, "Personal Financial Planner", though!!)

SQL: Lots of action all over the Markets, this glorious Wall Street morning, Admiral Subs-L!!! (We have to BUST that $0.50 hurdle, behind THIS cute puppy.)

And, we just DID do that!!!!!!

Hahaha, copy that Major!

SQL: This SQL to NASA Command!!! We have LIFTOFF!!! Do you COPY???!!!

Just took a 10k share piece.

SQL: This is iHub's "Invest-In-America" to Central Command of the SQL High Seas FLEET!!! FIRE AT WILL!!!!

SQL: I gots a weird feelin' that this puppy might EXPLODE today!!!

SQL: And it's, "deja vu all over again"?????

Moneymaker after the offering settles in, will it go to 1$

OFFERING https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171174716

i need to gt a job in Washington with the government

Let’s play Mr Fed

I smell a huuuuge squeeze at open…

SQL: I AM the F.B.I.

#THETREND $HPCO Offering - This is the current trend. They run their stock (In this case 400%+) and then throw an offering. Isn't new, but definitely seems very common right now. With this being said, you can try and predict this and can try and play both sides (Long & Short).— Mitch Picks (@Mitch___Picks) February 10, 2023