GEE Group Inc

For the period ended Jun 30, 2024. Filed Aug 14, 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.

Jun 30, 2024 · Filed Aug 14, 2024

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

Extracted filing text, with the paragraph anchors used by the comparison.

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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 · Nine Months Ended
	June 30,		June 30,
	2024	2023	2024	2023
NET REVENUES:
Contract staffing services	$26,169	$32,980	$79,340	$102,357
Direct hire placement services	3,287	5,191	8,797	15,821
NET REVENUES	29,456	38,171	88,137	118,178
Cost of contract services	19,861	24,518	60,039	76,918
GROSS PROFIT	9,595	13,653	28,098	41,260
Selling, general and administrative expenses	10,203	11,753	30,815	36,266
Depreciation expense	74	96	235	295
Amortization of intangible assets	720	720	2,159	2,159
Intangible assets impairment charges	5,209	-	5,209	-
Goodwill impairment charges	15,285	-	15,285	-
INCOME (LOSS) FROM OPERATIONS	(21,896)	1,084	(25,605)	2,540
Interest expense	(115)	(119)	(253)	(265)
Interest income	179	159	548	292
INCOME (LOSS) BEFORE INCOME TAX PROVISION	(21,832)	1,124	(25,310)	2,567
Provision for income tax expense (benefit)	(2,546)	(6,752)	(3,461)	(6,621)
NET INCOME (LOSS)	$(19,286)	$7,876	$(21,849)	$9,188
BASIC EARNINGS (LOSS) PER SHARE	$(0.18)	$0.07	$(0.20)	$0.08
DILUTED EARNINGS (LOSS) PER SHARE	$(0.18)	$0.07	$(0.20)	$0.08
WEIGHTED AVERAGE SHARES OUTSTANDING:
BASIC	108,772	114,250	109,150	114,384
DILUTED	108,772	114,984	109,150	115,145

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.