---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-006101"
form_type: "8-K"
ticker: "JOB"
cik: "0000040570"
company_name: "GEE Group Inc."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T13:15:51.012822+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# GEE Group Q3 net income $7.9M boosted by $6.8M tax benefit; revenue falls 7% YoY

## Summary
- Q3 consolidated revenue $38.2M, down 7% YoY; direct hire revenue dropped to $5.2M from $8.0M.
- Adjusted EBITDA $2.1M vs $4.2M prior year; company cites record 2022 direct hire and inflation.
- Net income $7.9M ($0.07 dil.) includes $6.8M deferred tax benefit; excluding it, net income declined.
- Company repurchased nearly 1.5M shares under $20M buyback plan authorized in May.
- Cash $20.7M, zero debt, working capital $31.3M; cost reductions with ~$4M annual savings implemented.

## SEC filing metadata
- accession: 0001477932-23-006101
- form_type: 8-K
- ticker: JOB
- cik: 0000040570
- company_name: GEE Group Inc.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40570/000147793223006101/0001477932-23-006101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40570/000147793223006101/job_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-006101
- JSON: https://secwatch.observer/filing/0001477932-23-006101.json
- Plain text: https://secwatch.observer/filing/0001477932-23-006101.txt

## Key facts
- Earnings Releases
  GEE Group Inc. reported the fiscal 2023 third quarter ended June 30, 2023 results: net income $7.9 million, or $0.07 per diluted share, EPS $0.07 per diluted share.
  - Period: the fiscal 2023 third quarter ended June 30, 2023
  - Net income: $7.9 million, or $0.07 per diluted share
  - EPS: $0.07 per diluted share
  - Result: reported results
  source text: On August 14, 2023, GEE Group Inc. (the “Company”) (NYSE American: JOB) issued a press release announcing financial results for the third quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/40570/000147793223006101/0001477932-23-006101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.