The earnings call reflects significant challenges for GEE Group, with declining revenues and large net losses indicating a difficult operating environment. However, the company's strong liquidity position and strategic M&A activities provide some positive outlook for future growth and profitability restoration.
Company Guidance
During the GEE Group's 2025 second quarter earnings call, several key metrics were discussed. The company reported consolidated revenues of $24.5 million for the quarter and $48.5 million year-to-date. Gross profits and margins were $8.4 million and 34.1% for the quarter, respectively, and $16.3 million and 33.6% year-to-date. The non-GAAP adjusted EBITDA was negative $600,000 for the quarter and negative $900,000 year-to-date. GEE Group also reported a net loss from continuing operations of $33 million, or $0.30 per diluted share, for the quarter, primarily due to a $22 million noncash goodwill impairment charge and a $9.9 million noncash charge related to a valuation allowance on deferred tax assets. The company is actively pursuing M&A activities to improve financial performance and expects to achieve profitability in late 2025 or early 2026. They also reported having $18.7 million in cash, an undrawn ABL facility of $7.4 million, and no outstanding debt, with a focus on leveraging AI and offshore recruiting to enhance efficiency.
Direct Hire Placement Revenue Growth
Direct hire placement revenues for the quarter were up 22% compared to the prior year period, showing resilience in a challenging market.
Strong Liquidity Position
GEE Group maintained a strong liquidity position with $18.7 million in cash, an undrawn ABL facility of $7.4 million, and no outstanding debt.
M&A Activity and Strategic Initiatives
The company completed its first M&A transaction of the year with the acquisition of Hornet Staffing and is evaluating several other opportunities, indicating a focus on growth through strategic acquisitions.
GEE Group (JOB) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
JOB Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 14, 2025
$0.18
$0.19
+5.56%
Feb 13, 2025
$0.24
$0.24
0.00%
Dec 19, 2024
$0.22
$0.23
+4.55%
Aug 14, 2024
$0.28
$0.27
-3.57%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does GEE Group (JOB) report earnings?
GEE Group (JOB) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is GEE Group (JOB) earnings time?
GEE Group (JOB) earnings time is at Aug 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.