GEE Group Q2 revenue down 28% YoY to $28M; swings to net loss of $1.0M

GEE Group Inc.

2025-Q2 EPS reported -$0.02 vs consensus $0.03 ▼ miss (-166.0%)

Consolidated revenue $28.0M for Q2 FY2024, down 28% YoY on macroeconomic weakness and reduced client demand.
Net loss of $1.0M ($0.01 per diluted share) vs. net income of $0.7M in Q2 FY2023.
Adjusted EBITDA loss of $0.6M for Q2, compared with positive $1.7M a year earlier.
Cash balance $21.2M, zero long-term debt, and $8.2M undrawn ABL facility as of March 31, 2024.
Paused share repurchases after buying 6.1M shares; implementing DC Advisory's strategic growth recommendations.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GEE Group Inc. reported financial results for fiscal 2024 second quarter ended March 31, 2024.

Period: fiscal 2024 second quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On May 15, 2024, GEE Group Inc. (the “Company”) (NYSE American: JOB) issued a press release announcing the Company’s consolidated results for the fiscal 2024 second quarter ended March 31, 2024.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GEE Group Inc. reported financial results for the six months ended March 31, 2024.

Period: the six months ended March 31, 2024
Result: reported results

Exact text from the filing

today announced consolidated results for the fiscal 2024 second quarter and year to date results for the period ended March 31, 2024.

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1047 earnings releases filed in the last 30 days. Browse all earnings releases →

GEE Group Inc. filing history →

Source: SEC EDGAR

accession 0001477932-24-002995

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