GEE Group Inc. (JOB) Form 8-K — May 15, 2026
GEE Group Inc. (JOB) reported a return to profitability for its fiscal 2026 second quarter, posting net income of $14,000 compared to a $33.0 million loss in the prior year period. This turnaround was driven by a 7% increase in direct hire placement revenues, improved gross margins (38.1% vs 34.1%), and significant SG&A cost reductions, rather than top-line growth. Total consolidated revenues declined 20% year-over-year to $19.5 million, primarily due to the loss of a high-volume, low-margin contract staffing customer following an acquisition by a third party.
Key figures
- Eps
- 0
- Revenue
- 19481000
- Net Income
- 14000
- Total Debt
- 0
- Cash Position
- 20331000
- Sga q2
- 7407000
- Current ratio
- 4.6
- Shelf capacity
- 100000000
- Gross margin q2
- 38.1
- Adjusted ebitda q2
- 108000
- Shares outstanding
- 109870
- Contract revenue q2
- 16294000
- Direct hire revenue q2
- 3187000
Price after filing
Close on the filing date to close N calendar days later (from $0.24). Historical, not a forecast.
AI analysis
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