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GEE Group and Star Equity Fund reach cooperation deal; board declassified by 2028
Agreement dated Aug 21, 2026; Star Equity Fund withdraws director nominee and proposal to remove two GEE directors at 2026 annual meeting.
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GEE Group posts Q3 profit, higher margins; strategic alternatives underway
Net income from continuing ops $566K ($0.01/sh) vs loss of $401K in prior-year quarter.
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Darla Moore resigns from GEE Group board effective June 1, 2026, due to other commitments
Darla Moore resigned as director and from all committee positions effective June 1, 2026.
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GEE Group returns to Q2 profitability; files $100M universal shelf registration
Net income of $14k ($0.00 diluted EPS) vs. $33M loss in prior-year quarter; adjusted EBITDA $108k.
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GEE Group furnishes investor presentation dated April 6, 2026
Presentation covers company business overview and strategy; included as Exhibit 99.1.
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GEE Group (JOB) hires Roth Capital to review unsolicited interest and strategic alternatives
Engaged Roth Capital Partners as financial advisor to evaluate unsolicited expressions of interest and strategic alternatives.
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Director Bill Isaac resigns from GEE Group Board effective March 6, 2026
William M. Isaac resigned as Director effective March 6, 2026 due to personal and health reasons.
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GEE Group Q1 FY2026 revenue $20.5M (-15% YoY); loss from continuing ops $150K; evaluating strategic alternatives
Revenue $20.5M, down 15% YoY; contract staffing $17.8M (-17%), direct hire $2.7M (+8%).
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GEE Group pushes back on Star Equity's unsolicited IOI, cites lack of specifics
Star's Jan. 6 IOI referenced possible business combination but lacked valuation or structure details.
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GEE Group reports Q4 and FY 2025 revenue down 10%; FY loss $34.7M includes $22M impairment
Q4 revenue $23.5M, FY revenue $96.5M, both down 10% YoY on macro weakness and AI headwinds.
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GEE Group shareholders elect three Class III directors, ratify Cherry Bekaert as auditor
Peter Tanous elected with 37.3M votes for, 7.4M withheld, 36.2M broker non-votes.
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GEE Group reports Q3 FY2025 continuing ops loss of $0.4M; revenue down 9% YoY
Consolidated revenues $24.5M for Q3 FY2025, down 9% YoY; contract staffing $21.3M (-10%), direct hire $3.2M (flat).
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GEE Group sells Triad light industrial division to Reliable Staffing for ~$1M
Asset sale closed June 2, 2025; total cash and other consideration ~$1 million.
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GEE Group Q2 FY2025: net loss $33M, revenue $24.5M, goodwill impairment $22M
Net loss from continuing ops $33M ($0.30 dil EPS) vs $0.9M loss a year ago; includes $22M goodwill impairment and $9.9M deferred tax valuation allowance.
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GEE Group Q1 FY2025 revenue down 15% to $26M, net loss narrows to $0.7M
Revenue $26.0M, down 15% YoY from $30.6M; net loss -$0.7M (-$0.01/diluted share) vs -$1.6M YoY.
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GEE Group acquires Hornet Staffing for $1.5M; adds MSP/VMS and offshore recruiting capability
Total consideration $1.5M: $1.1M cash + $400K in subordinated unsecured promissory notes at 5% p.a.
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GEE Group reports FY2024 net loss of $24.1M; revenue down 24% YoY to $116.5M
Q4 revenues $28.3M (-17% YoY); FY revenues $116.5M (-24% YoY) due to fewer job orders and macro weakness.
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GEE Group (JOB) stockholders elect three directors, ratify auditor at annual meeting
Matthew Gormly elected with 41,491,891 for and 5,689,717 withheld; 32,488,710 broker non-votes.
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GEE Group reports Q3 FY2024 net loss $19.3M; revenue down 23% YoY; $20.5M impairment
Revenue $29.5M (-23% YoY); net loss $(19.3)M (diluted EPS $(0.18)) vs net income $7.9M a year ago.
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GEE Group Q2 revenue down 28% YoY to $28M; swings to net loss of $1.0M
Consolidated revenue $28.0M for Q2 FY2024, down 28% YoY on macroeconomic weakness and reduced client demand.
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GEE Group dismisses FORVIS as independent auditor, appoints Cherry Bekaert effective March 6, 2024
Dismissed FORVIS as independent auditor on March 6, 2024; no adverse opinions or disagreements in prior two fiscal years.
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GEE Group Q1 fiscal 2024 revenue down 26% to $30.6M; net loss $1.6M
Revenue fell 26% YoY to $30.6M, driven by macroeconomic weakness and IT sector layoffs.
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GEE Group FY2023 revenue down 8% to $152.4M; adj net income up 45%; engages advisor for strategic review
Revenue $152.4M (-8% YoY); Q4 revenue $34.3M (-18% YoY).
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GEE Group shareholders re-elect three Class I directors, ratify auditors, approve say-on-pay every 3 years
William M. Isaac re-elected with 38.4M for, 15.6M withheld; Jyrl James with 48.8M for, 5.2M withheld; David Sandberg with 53.8M for, 200K withheld.
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GEE Group adopts Rule 10b5-1 plan to repurchase up to $20M of common stock
Company entered Rule 10b5-1 Stock Trading Plan to facilitate repurchases under existing $20M buyback program.
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GEE Group Q3 net income $7.9M boosted by $6.8M tax benefit; revenue falls 7% YoY
Q3 consolidated revenue $38.2M, down 7% YoY; direct hire revenue dropped to $5.2M from $8.0M.
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GEE Group settles activist dispute with Red Oak; adds two directors, starts strategic review
Board expanded from 7 to 9; David Sandberg (Class I) and J. Randall Waterfield (Class II) appointed.
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GEE Group expands board to nine, adds three directors after Camden resignation
Carl Camden resigned as director effective immediately for health reasons; no disagreement with company.
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GEE Group to present at Sidoti Micro-Cap Conference on Aug 16
Company will present at Sidoti Virtual Micro-Cap Conference on August 16-17, 2023.
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GEE Group schedules investor call for fiscal Q3 results on Aug 15, 2023
Conference call to discuss June 30, 2023 fiscal Q3 results on Tuesday, August 15, 2023 at 11:00 a.m. EDT.
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GEE Group to present at Sidoti Virtual Micro-Cap Conference on Aug 16-17, 2023
Chairman/CEO Derek Dewan and CFO Kim Thorpe will present virtually on Aug 16-17.
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GEE Group repurchases 647,000 shares under $20M buyback program, plans to continue aggressively
647,000 shares of common stock repurchased on the open market beginning May 22, 2023.
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GEE Group obtains lender consent for $20M stock repurchase program through Dec 2023
Amendment consents to 2023 stock repurchase program up to $20M aggregate, subject to no default.
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GEE Group Q2 fiscal 2023 revenue $38.9M, net income $0.7M; announces $20M share repurchase
Consolidated revenue $38.9M (-2% YoY); professional contract services $30.8M, direct hire $4.9M.
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GEE Group schedules investor call for May 17 to discuss fiscal Q2 results
Conference call/webcast on Wednesday, May 17, 2023 at 11:00 a.m. EDT.
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GEE Group announces $20M share repurchase program through Dec 31, 2023
Board approved repurchase of up to $20M of common stock via open market purchases under Rule 10b-18.
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GEE Group enters new 5-year employment agreements with CEO, CFO, COO and adopts staggered board
CEO Derek Dewan gets $518K base salary; CFO Kim Thorpe and COO Alex Stuckey each get $331K base, all with annual bonus potential.
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GEE Group Q1 revenue $41.1M (-4% YoY); net income $0.7M, adjusted EBITDA $2.0M
Revenue $41.1M, down 4% YoY; professional IT contract services revenue grew 15% YoY.
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GEE Group FY2022 revenue up 11% to $165.1M; Q4 net loss of $0.8M
Full-year revenue $165.1M (+11% YoY); gross margin improved to 37.4% from 35.3%.
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GEE Group schedules investor conference call for fiscal Q4/FY2022 results on Dec 21
Call scheduled for Wednesday, December 21, 2022 at 11:00 a.m. EDT.
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GEE Group shareholders elect all 7 director nominees, ratify FORVIS as auditor
All seven director nominees elected with For votes ranging from 46.5M to 46.8M; withheld votes ~3.1M-3.4M.
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GEE Group Q3 FY2022 revenue $41.1M (+8% YoY), net income $2.6M, free cash flow $3.4M
Revenue $41.1M (+8% YoY); nine-month $123.6M (+15%).
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GEE Group's independent auditor changes to FORVIS following merger of DHG and BKD
Effective June 1, 2022, FORVIS LLP succeeds DHG as the independent registered public accounting firm.
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GEE Group reports Q2 FY2022 revenue $39.6M (+14% YoY); net income $0.01 diluted EPS
Revenue $39.6M, up 14% YoY; contract staffing $33.7M (85% of rev), direct hire $5.9M (15%).
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GEE Group dismisses Friedman LLP, appoints Dixon Hughes Goodman as new auditor
Audit committee dismissed Friedman LLP and engaged Dixon Hughes Goodman LLP on April 12, 2022.
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GEE Group to present at Sidoti Spring Virtual Small Cap Conference on March 24, 2022
Derek Dewan (CEO) and Kim Thorpe (CFO) to present on March 24, 2022 at 12:15 p.m. EDT.
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GEE Group Q1 revenue up 24% to $42.8M; GAAP net income $16.7M (PPP forgiveness) vs loss a year ago
Revenue $42.8M, up 24% YoY; contract staffing $36.7M, direct placement $6.2M.
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GEE Group Q4 revenue $41.5M (+34% YoY); Adj. EBITDA $3.6M; All PPP loans forgiven
Q4 revenue $41.5M, up 34% YoY; gross margin 36.7% vs 34.0% a year ago.
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GEE Group receives full forgiveness of $19.9M PPP loans; pro forma zero debt
Full SBA forgiveness of all $19.9M PPP loans, including $16.5M principal + $268K interest, forgiven Dec 14, 2021.
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GEE Group to present at LD Micro Main Event investor conference on Oct 13
CFO Kim Thorpe and CAO Alex Stuckey to present on Wednesday, Oct 13, 2021 at 12:00 p.m. PT.