GEE Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2022
August 15, 2022 at 04:32 pm EDT
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GEE Group, Inc. reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported revenue was USD 41.11 million compared to USD 38.07 million a year ago. Net income was USD 2.63 million compared to net loss of USD 0.937 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.
For the nine months, revenue was USD 123.59 million compared to USD 107.43 million a year ago. Net income was USD 20.39 million compared to net loss of USD 2.99 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to basic loss per share from continuing operations of USD 0.07 a year ago. Diluted earnings per share from continuing operations was USD 0.18 compared to diluted loss per share from continuing operations of USD 0.07 a year ago.
GEE Group Inc. is a provider of permanent and temporary professional and industrial staffing and placement services in and near several United States cities. The Company offers services through its two segments: Industrial Staffing Services and Professional Staffing Services. The Company specializes in the placement of information technology, accounting, finance, office, and engineering professionals for direct hire and contract staffing for its clients, data entry assistants (medical scribes) who specialize in electronic medical records (EMR) services for emergency departments, specialty physician practices and clinics, and provide temporary staffing services for its industrial clients. It provides various services, such as direct hire placement services, and temporary professional contract services staffing in the fields of information technology, engineering, medical, and accounting, and temporary contract industrial staffing.