Earnings ·
GEE Group Inc. reported fiscal 2026 third-quarter results ending June 30, 2026, showing a turnaround from prior-year…
JOBGEE Group Inc.
GEE Group Inc. reported fiscal 2026 third-quarter results ending June 30, 2026, showing a turnaround from prior-year losses. Net income from continuing operations rose to $566 thousand ($0.01 per diluted share) compared to a $401 thousand loss in the same period last year. Consolidated revenues decreased 15% to $20.8 million due to a 20% drop in contract staffing services, partially offset by a 16% increase in direct hire placement revenue to $3.8 million. Gross margins improved to 39.9%, and SG&A expenses fell 12% to $7.8 million. The company maintains zero long-term debt with $20.3 million in cash. Additionally, GEE Group announced it filed a Universal Shelf Registration Statement on Form S-3 to potentially raise up to $100 million in equity or debt and engaged Roth Capital Partners to analyze strategic alternatives for increased shareholder value. GEE Group Inc. operates in the professional staffing services industry, providing specialized recruitment solutions across IT, healthcare, finance, and engineering sectors.