GEE Group swings to FY26 Q2 profit of USD 14,000; revenue drops 20% to USD 19.5 million

GEE Group, Inc.

GEE Group, Inc.

JOB

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  • GEE Group returned to profit in fiscal 2026 second quarter, posting net income of USD 14,000 after a year-earlier net loss of USD 32.96 million.
  • Adjusted EBITDA turned positive at USD 108,000 from a loss of USD 597,000 a year earlier, while gross margin widened 4 percentage points to 38.1%.
  • Net revenues fell 20% to USD 19.48 million, driven by a 24% drop in contract staffing services revenue to USD 16.29 million.
  • Direct hire placement services revenue rose about 7% to USD 3.19 million, while SG&A expenses declined 20% to USD 7.41 million.
  • Management said Roth Capital Partners is running a strategic alternatives review tied to potential M&A or other transactions, while a filed universal shelf registration would allow up to USD 100 million of equity or debt issuance once effective.


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