Welcome to our dedicated page for Gee Group news (Ticker: JOB), a resource for investors and traders seeking the latest updates and insights on Gee Group stock.
Gee Group Inc. (JOB) provides specialized staffing solutions across professional, commercial, and healthcare sectors through brands including SNI Companies and Scribe Solutions. This news hub offers investors and business professionals centralized access to official corporate announcements and market developments.
Track key operational updates including quarterly earnings, leadership changes, strategic partnerships, and industry recognition. Our curated collection features press releases on contract awards, service expansions, and human capital management innovations within the staffing sector.
Discover comprehensive coverage of the company's dual-segment operations: professional staffing for IT, engineering, and finance roles alongside commercial staffing solutions. Stay informed about healthcare staffing initiatives through Scribe Solutions' medical documentation specialists.
This resource serves investors monitoring JOB's market position, analysts evaluating staffing industry trends, and businesses assessing workforce solutions. Content is maintained for accuracy and relevance without speculative commentary.
Bookmark this page for ongoing access to verified updates about Gee Group's national staffing operations, brand developments, and human resource strategies. Check regularly for new filings and material disclosures.
GEE Group (NYSE American: JOB) reported its fiscal 2024 second quarter and year-to-date results, ending March 31, 2024. Consolidated revenues for Q2 and YTD were $28.0 million and $58.7 million, down 28% and 27%, respectively, from the same periods in fiscal 2023. Professional contract services declined significantly, with revenues down $7.6 million and $14.3 million for Q2 and YTD, respectively. Gross profits and margins also decreased, attributed to lower revenue and factors like inflation and economic uncertainty. SG&A expenses dropped 15% and 16% for Q2 and YTD but increased as a percentage of revenues due to fixed costs against declining revenues. Net income for Q2 and YTD was $(1.0) million and $(2.6) million. Adjusted EBITDA was $(0.6) million for Q2 and $(0.8) million YTD. Free cash flow was $0.4 million YTD compared with $1.3 million in the previous year. GEE Group maintained a cash balance of $21.2 million and zero long-term debt as of March 31, 2024.
GEE Group (NYSE American: JOB), a provider of staffing services and HR solutions, announced an investor webcast/conference call on May 16, 2024, at 11 a.m. EDT to discuss its fiscal second quarter and YTD results ending March 31, 2024. Results will be published on May 15, 2024, after the close of business. The event will be webcast, and pre-registration is required. Prepared remarks will be available on GEE Group’s website before the call. Attendees can submit questions via email during the event. A replay will be accessible shortly after the live event.
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