Atlantic International Corp (ATLN) Net Loss Narrows amid Cost Reduction and Efficiency Initiatives

Atlantic International Corp (NASDAQ:ATLN) is one of the fastest-growing penny stocks to buy now. On November 17, Atlantic International Corp (NASDAQ: ATLN) reported continued momentum in its Q3 2025 results, highlighting a strengthened financial trajectory and improved year-to-date performance. The company credited cost-cutting and efficiency measures for sharply reducing its net loss.

Atlantic International Corp (ATLN) Net Loss Narrows amid Cost Reduction and Efficiency Initiatives

Net loss for the first nine months of the year narrowed to $32.2 million, or $0.58 a share, compared to a net loss of $66.8 million, or $2.04 a share, for the same period last year. Adjusted EBITDA also improved to negative $0.7 million from negative $2.7 million, underlining the impact of cost and efficiency actions.

The narrowing of net loss comes on revenue for the first nine months of the year, reaching record highs of $315.8 million, driven by a record quarter of $110.1 million. Management expects significant improvement heading into year-end and into next year, driven by additional efficiency initiatives.

“We are encouraged by the progress we’ve made while continuing to deliver strong satisfaction levels across our referenceable customer base. This stability provides a solid foundation as we advance into the next phase of our growth strategy,” said Jeffrey Jagid, Chief Executive Officer of Atlantic International Corp.

Atlantic International Corp. (NASDAQ:ATLN) is a strategic staffing, outsourced services, and workforce solutions company that operates primarily through its subsidiary, Lyneer Investments LLC, to provide staffing in areas like light industrial, professional, and finance.

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Disclosure: None. This article is originally published at Insider Monkey.