GEE Group Inc

For the period ended Mar 31, 2024. Filed May 15, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 15, 2024

JOB$0.19+2.9%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Operations

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

(Amounts in thousands, except basic and diluted earnings per share)

Three Months Ended · Six Months Ended
	March 31,		March 31,
	2024	2023	2024	2023
NET REVENUES:
Contract staffing services	$25,595	$33,976	$53,171	$69,377
Direct hire placement services	2,455	4,883	5,510	10,630
NET REVENUES	28,050	38,859	58,681	80,007
Cost of contract services	19,283	25,643	40,178	52,400
GROSS PROFIT	8,767	13,216	18,503	27,607
Selling, general and administrative expenses	10,006	11,705	20,612	24,513
Depreciation expense	77	98	161	199
Amortization of intangible assets	719	719	1,439	1,439
INCOME (LOSS) FROM OPERATIONS	(2,035)	694	(3,709)	1,456
Interest expense	(67)	(73)	(138)	(146)
Interest income	179	95	369	133
INCOME (LOSS) BEFORE INCOME TAX PROVISION	(1,923)	716	(3,478)	1,443
Provision for income tax expense (benefit)	(915)	58	(915)	131
NET INCOME (LOSS)	$(1,008)	$658	$(2,563)	$1,312
BASIC EARNINGS (LOSS) PER SHARE	$(0.01)	$0.01	$(0.02)	$0.01
DILUTED EARNINGS (LOSS) PER SHARE	$(0.01)	$0.01	$(0.02)	$0.01
WEIGHTED AVERAGE SHARES OUTSTANDING:
BASIC	108,772	114,450	109,339	114,450
DILUTED	108,772	115,185	109,339	115,226

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.