Atlantic International
North American staffing and European IT talent services.
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Profile
Atlantic International provides staffing and workforce solutions through Lyneer in North America and Circle8 in Europe. It covers temporary staffing, direct hire, permanent placement, MSP support, and specialized IT talent, with results tied to hiring demand, customer retention, competition, financing, and labor regulation.
Atlantic International Corp., formerly SeqLL Inc., became a workforce-services company after its 2024 combination with Lyneer Investments and its operating subsidiaries. Through Lyneer, it provides temporary staffing, direct hire, permanent placement, payroll, vendor management, and MSP support across North American industrial, commercial, finance, administrative, IT, legal, light industrial, hospitality, and medical roles.
In January 2026, Atlantic acquired Circle8 Group, adding a European IT and technology talent platform that serves enterprises, technology companies, financial institutions, and public-sector organizations. The company’s model is tied to employment demand, access to qualified professionals, customer retention, and competition from large and specialized staffing firms. Its filings also highlight regulatory exposure around worker classification, wage and hour rules, privacy, tax, immigration, and international labor rules.
Company facts
Key statistics
Year to date −55.9% · Average volume (30d) 21.4M
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jun 22, 2026Q1 FY26 | −$0.18 | −$0.44 | −144.4% | $111.0M | $249.9M | +125.1% | +202.41% |
| Apr 16, 2026Q1 FY26 | −$0.20 | — | — | $124.3M | $120.0M | −3.5% | +4.06% |
| Apr 15, 2026Q1 FY26 | −$0.20 | −$0.49 | −145.0% | $124.3M | $120.0M | −3.5% | −6.64% |
| Nov 14, 2025Q3 FY25 | −$0.18 | −$0.20 | −11.1% | $110.0M | $110.1M | +0.2% | +0.40% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $102.8M | $102.9M | $110.1M | $120.0M | $249.9M | $319.8M | |
| Gross profit | $11.2M | $11.4M | $12.4M | $11.0M | $21.4M | $23.8M | |
| Operating income | −$9.4M | −$8.7M | −$8.7M | −$23.4M | −$14.9M | −$15.4M | |
| Net income | −$10.7M | −$10.7M | −$10.8M | −$27.1M | −$30.7M | −$86.4M | |
| Diluted EPS | −$0.20 | −$0.20 | −$0.20 | −$0.48 | −$0.44 | −$0.98 | |
| Gross margin | 10.9% | 11.1% | 11.3% | 9.1% | 8.6% | 7.4% | |
| Operating margin | -9.2% | -8.4% | -7.9% | -19.5% | -6.0% | -4.8% |
Fiscal years (4-quarter sums)FY21 $118.0K · FY22 $441.5M · FY23 $401.4M · FY24 $442.6M · FY25 $435.9M
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $19.3M · Total debt $366.9M · Total assets $965.6M · Shareholders' equity $10.3M
Dividends
No dividends on record.
Ownership
Shares outstanding 81.29M · Float 34.65M
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| Guus Paul Wilhelm Franke | 12.52M | 16.66% of class | 13D | Feb 10, 2026 |
| Guus Paul Wilhelm Franke · director, 10 percent owner: | 12.52M | 15.40% | Form 4 | Feb 10, 2026 |
| Jagid Jeffrey M | 8.22M | 13.80% of class | 13D | Jan 7, 2026 |
| Bressman Andrew · 10 percent owner | 7.00M | 8.62% | Form 4 | Jan 7, 2026 |
| Christopher Broderick · officer: Chief Financial Officer | 2.00M | 2.47% | Form 4 | Jun 25, 2025 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
Not reported.