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Gee Group Inc   (JOB)
Other Ticker:  
 
    Sector  Services    Industry Employment Agencies
   Industry Employment Agencies
   Sector  Services
 
Price: $0.3895 $0.01 2.988%
Day's High: $0.3895 Week Perf: 9.72 %
Day's Low: $ 0.37 30 Day Perf: 1.7 %
Volume (M): 148 52 Wk High: $ 0.63
Volume (M$): $ 57 52 Wk Avg: $0.50
Open: $0.38 52 Wk Low: $0.34



 Market Capitalization (Millions $) 43
 Shares Outstanding (Millions) 110
 Employees 7,600
 Revenues (TTM) (Millions $) 142
 Net Income (TTM) (Millions $) 7
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Gee Group Inc
Gee Group Inc. is a global provider of diversified staffing and recruitment services across various industries. The company operates through four segments: Professional Staffing, Commercial Staffing, Industrial Staffing, and Direct Hire Placement. Founded in 1893 and headquartered in Illinois, the company has over 50 offices across the US and Canada.

The Professional Staffing segment provides career placement services for accounting and finance, administrative, engineering, and IT professionals. The Commercial Staffing segment offers skilled and semi-skilled labor for office, clerical, customer service, and light industrial positions. The Industrial Staffing segment provides traditional staffing services for a range of industrial and light industrial positions. The Direct Hire Placement segment specializes in matching executives, middle management, and professionals with suitable employers.

Gee Group works with clients in various sectors, including healthcare, energy, telecommunications, manufacturing, and government. The company's staffing solutions include temporary, temp-to-perm, and direct hire placements. They also offer recruitment process outsourcing, payroll processing, and human resource consulting services.

Gee Group has a commitment to diversity and inclusion in the workplace, and they strive to provide equal employment opportunities to all. They also have a strong focus on corporate social responsibility and giving back to the community.

Some of the company's subsidiaries include Access Data Consulting, Agile Resources, Ashley Ellis, General Employment, Omni One, and Paladin Consulting. These subsidiaries operate in a specific niche of the staffing industry and bring specialized expertise to the table.

In terms of financial performance, Gee Group Inc. recorded revenue of $207 million in 2020 and has a market cap of approximately $64 million. The company's stock is listed on the NYSE American under the ticker symbol "JOB."

Overall, Gee Group Inc. is a well-established staffing and recruitment firm with a strong reputation for providing reliable and effective staffing solutions across various industries. The company's commitment to diversity, inclusion, and social responsibility has helped it maintain a competitive edge in the market.


   Company Address: 7751 Belfort Parkway Jacksonville 32256 FL
   Company Phone Number: 954-0400   Stock Exchange / Ticker: NYSE JOB
   


   

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Gee Group Inc

2. A Closer Look at Gee Group Inc.'s Struggles in the First Quarter of 2024

Gee Group Inc., a leading provider of staffing solutions, reported weak orders and a significant increase in losses for the most recent fiscal period. The company's shortfall per share grew at $-0.01, compared to $0.01 in the previous period, while revenue decreased by -25.559% to $30.63 million from $41.15 million a year before.
In contrast to the previous quarter, revenue deteriorated by -10.606% from $34.27 million, and earnings per share also declined from $0.00. The fiscal first quarter of 2024 saw Gee Group Inc. experience a net deficit of $-1.555 million, marking a significant difference from the corresponding period in the previous year when there was zero gain.

Gee Group Inc

Headline: Gee Group Inc: Fourth Quarter Results Disappoint with Declining Revenue, but Earnings Boosted by $0.63 Million Tax Benefit

Bearish Outlook for Gee Group Inc: Fourth Quarter Results Disappoint, Revenue Declines
Gee Group Inc, an employment agency company, recently released its fourth-quarter financial results for 2023, and the numbers paint a rather bleak picture. The company reported earnings per share (EPS) of $0.00, which is unchanged from the previous year but significantly lower than the $0.07 per share reported in the preceding reporting season. This lackluster performance suggests that Gee Group Inc is struggling to generate meaningful growth.
One of the most concerning aspects of the quarterly report is the decline in revenue. The company reported a substantial drop of -17.479% to $34.27 million, compared to $41.52 million in the corresponding reporting season a year ago. Even sequentially, the revenue deteriorated by -10.233% from $38.17 million. This decline in revenue indicates that Gee Group Inc is facing significant challenges in attracting and retaining clients, which will likely have a detrimental effect on its future profitability.

Gee Group Inc

Gee Group Inc. Faces Stock Decline and Investor Concerns, but Sees Significant Earnings Growth and Potential Future Impact

/>Gee Group Inc. has experienced a series of contrasting financial outcomes in the past year. While the company witnessed a decline in its stock value and lower revenue, it reported significant growth in earnings per share (EPS) and net earnings. This article aims to interpret the financial results and speculate on their potential impact on Gee Group Inc.'s future.
Decrease in Stock Value:
Over the past five trading days, Gee Group Inc. stock declined by 22.48%. Furthermore, it is currently trading 2.9% below its 52-week average on the New York Stock Exchange. These figures suggest a lack of investor confidence and indicate a bearish sentiment towards the company. It raises concerns about the overall health of the organization and its ability to attract potential investors.

Gee Group Inc

Gee Group Inc Faces Revenue Decline Amidst Economic Challenges, Yet Steadies Its Position in Staffing Solutions Market

Gee Group Inc, a leading provider of staffing solutions, has announced that its earnings per share were unchanged on a modest revenue decline in the January to March 31 2023 period. Despite the unchanged earnings, the company experienced a decline in revenue, falling by -1.943% to $38.86 million year on year, a decrease of -5.563% from $41.15 million in the previous financial period. The bottom-line of $0.658 million in the January to March 31 2023 period fell -39.47% from $1.087 million in the corresponding period a year before.
Looking further into the profitability of Gee Group Inc for the January to March 31 2023 period, the operating margin was mitigated to 1.79%, and the net margin shrank to 1.69%. Despite the decline in profitability, Gee Group Inc continues to maintain a strong position in the staffing solutions market.
The decline in revenue and bottom-line can be attributed to a challenging economic environment, which has affected the staffing solutions industry. Despite this, the company has continued to focus on providing excellent service to its clients and developing innovative solutions to address the ongoing challenges in the industry.






 

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