GEE Group Inc (JOB)

GEE Group Inc. Director Darla Moore Resigns from the BoardJune 1, 2026 4:30 PM
ACCESS NewswireJACKSONVILLE, FL / ACCESS Newswire / June 1, 2026 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company," "GEE Group," "our" or "we"), a provider of professional staffing services and human resource solutions, today announced that Darla Moore, who has been a valued member of GEE Group's Board of Directors since 2018, resigned her position as a Director effective June 1, 2026 due to the time requirements necessary for her existing and new business commitments. Ms. Moore's decision to resign from the Board did not result from any disagreement with the Company on any matter relating to its operations, policies, or practices.Derek Dewan, Chairman & Chief Executive Officer commented, "Darla has been a tremendous asset to GEE Group and is a well respected and highly accomplished businesswoman. We greatly appreciate her outstanding service and longstanding commitment to the Company. Ms. Moore's leadership, insight and expertise that she has provided to GEE over the past 8 years has been invaluable. We wish her well in her various business endeavors."Darla Moore stated, "It has been an honor to work with the GEE Management Team and the other Directors over the past 8 years. I will miss the interaction, debate and in-depth discussions with my peers regarding a variety of business matters in which we sought the optimal resolution for the benefit of the GEE stakeholders. I wish the Company nothing but success."Ms. Moore, who chaired the Company's Governance and Nominating Committees and served as a member of the Audit Committee, Mergers and Acquisitions Committee and Compensation Committee, has resigned from those positions concurrently with her resignation as a member of the BoardAbout GEE GroupGEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company provides professional staffing services and solutions in information technology, engineering, finance and accounting specialties through the names of Access Data Consulting, Agile Resources, Omni One, GEE Group Columbus, Hornet Staffing and Paladin Consulting. Also, in the healthcare sector, GEE Group, through its Scribe Solutions brand, staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR). The Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and SNI Certes®.Forward-Looking Statements Safe HarborIn addition to historical information, this press release contains statements relating to possible future events and/or the Company's future results (including results of business operations, certain projections, future financial condition, pro forma financial information, and business trends and prospects) that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995 and are subject to the "safe harbor" created by those sections. The statements made in this press release that are not historical facts are forward-looking statements that are predictive in nature and depend upon or refer to future events. These forward-looking statements include, without limitation, anticipated cash flow generation and expected shareholder benefits. Such forward-looking statements often contain, or are prefaced by, words such as "will", "may," "plans," "expects," "anticipates," "projects," "predicts," "pro forma", "estimates," "aims," "believes," "hopes," "potential," "intends," "suggests," "appears," "seeks," or variations of such words or similar words and expressions of future tense. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and, consequently, as a result of a number of factors, the Company's actual results could differ materially from those expressed or implied by such forward-looking statements. The international pandemic, the Novel Coronavirus ("COVID-19"), negatively impacted and disrupted the Company's business operations and had a significant negative impact on the global economy and employment in general, resulting in, among other things, a lack of demand for the Company's services. This was exacerbated by government and client directed "quarantines", "remote working", "shut-downs" and "social distancing". Some of these outcomes or by-products of the pandemic have persisted in one form or another since and there is no assurance that conditions will ever fully return to their former pre-pandemic status quo. These and certain other factors that might cause the Company's actual results to differ materially from those in the forward-looking statements include, without limitation: (i) the loss, default or bankruptcy of one or more customers; (ii) changes in general, regional, national or international economic conditions; (iii) an act of war or terrorism, industrial accidents, or cyber security breach that disrupts business; (iv) changes in the law and regulations; (v) the effect of liabilities and other claims asserted against the Company including the failure to repay indebtedness or comply with lender covenants including the lack of liquidity to support business operations and the inability to refinance debt, failure to obtain necessary financing or the inability to access the capital markets and/or obtain alternative sources of capital; (vi) changes in the size and nature of the Company's competition; (vii) the loss of one or more key executives; (viii) increased credit risk from customers; (ix) the Company's failure to grow internally or by acquisition or the failure to successfully integrate acquisitions; (x) the Company's failure to improve operating margins and realize cost efficiencies and economies of scale; (xi) the Company's failure to attract, hire and retain quality recruiters, account managers and salesmen; (xii) the Company's failure to recruit qualified candidates to place at customers for contract or full-time hire; (xiii) the adverse impact of geopolitical events, government mandates, natural disasters or health crises, force majeure occurrences, future global pandemics such as COVID-19 or other harmful viral or non-viral rapidly spreading diseases and such other factors as set forth under the heading "Forward-Looking Statements" in the Company's annual reports on Form 10-K, its quarterly reports on Form 10-Q and in the Company's other filings with the Securities and Exchange Commission (SEC). More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to publicly update, revise, or alter its forward-looking statements whether as a result of new information, future events or otherwise.Contact:GEE Group Inc.
Kim Thorpe
630.954.0400
invest@geegroup.comSOURCE: GEE Group Inc.View the original press release on ACCESS NewswireOriginal: GEE Group Inc. Director Darla Moore Resigns from the Board

GEE Group Announces Filing of a Universal Shelf Registration Statement on Form S-3 for Financial FlexibilityMay 14, 2026 6:00 AM
ACCESS NewswireJACKSONVILLE, FL / ACCESS Newswire / May 14, 2026 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company," "GEE Group," "our" or "we"), a provider of professional staffing services and human resource solutions, today announced that it filed a "Universal Shelf Registration Statement" on Form S-3 with the Securities and Exchange Commission ("SEC").Once the Form S-3 is declared effective and subject to certain rules and regulations of the New York Stock Exchange ("NYSE") and SEC, the Company may offer and sell from time to time shares of common stock, shares of preferred stock, debt securities, warrants, rights or any combination of those securities, either individually or in units. GEE Group may also offer common stock or preferred stock upon conversion of debt securities, common stock upon conversion of preferred stock, or common stock, preferred stock or debt securities upon the exercise of warrants, or rights to purchase common stock or other securities, in an aggregate total amount of up to $100 million for all debt and equity securities issued, in one or more transactions under a prospectus or prospectus supplement. The securities may be offered in amounts, at prices and on terms to be determined based on market conditions at the time of sale and as set forth in an accompanying prospectus or prospectus supplement.Derek E. Dewan, Chairman and Chief Executive Officer stated, "The Universal Shelf Registration is intended to provide the Company with maximum financial flexibility to efficiently access the capital markets for purposes of raising additional debt or equity capital in the future for appropriate purposes should one or more opportunities present themselves including those in connection with an M&A or strategic transaction that stand to increase shareholder value."The "Universal Shelf Registration Statement" (FORM S-3) related to the securities discussed herein has been filed with the SEC but has not yet become effective. Securities may not be sold, nor may offers to buy be accepted, prior to the time the registration becomes effective and only through a prospectus or prospectus supplement. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful.About GEE GroupGEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company provides professional staffing services and solutions in information technology, engineering, finance and accounting specialties through the names of Access Data Consulting, Agile Resources, Omni One, GEE Group Columbus, Hornet Staffing and Paladin Consulting. Also, in the healthcare sector, GEE Group, through its Scribe Solutions brand, staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR). The Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and SNI Certes®.Forward-Looking Statements Safe HarborIn addition to historical information, this press release contains statements relating to possible future events and/or the Company's future results (including results of business operations, certain projections, future financial condition, pro forma financial information, and business trends and prospects) that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995 and are subject to the "safe harbor" created by those sections. The statements made in this press release that are not historical facts are forward-looking statements that are predictive in nature and depend upon or refer to future events. These forward-looking statements include, without limitation, anticipated cash flow generation and expected shareholder benefits. Such forward-looking statements often contain, or are prefaced by, words such as "will", "may," "plans," "expects," "anticipates," "projects," "predicts," "pro forma", "estimates," "aims," "believes," "hopes," "potential," "intends," "suggests," "appears," "seeks," or variations of such words or similar words and expressions of future tense. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and, consequently, as a result of a number of factors, the Company's actual results could differ materially from those expressed or implied by such forward-looking statements. The international pandemic, the Novel Coronavirus ("COVID-19"), negatively impacted and disrupted the Company's business operations and had a significant negative impact on the global economy and employment in general, resulting in, among other things, a lack of demand for the Company's services. This was exacerbated by government and client directed "quarantines", "remote working", "shut-downs" and "social distancing". Some of these outcomes or by-products of the pandemic have persisted in one form or another since and there is no assurance that conditions will ever fully return to their former pre-pandemic status quo. These and certain other factors that might cause the Company's actual results to differ materially from those in the forward-looking statements include, without limitation: (i) the loss, default or bankruptcy of one or more customers; (ii) changes in general, regional, national or international economic conditions; (iii) an act of war or terrorism, industrial accidents, or cyber security breach that disrupts business; (iv) changes in the law and regulations; (v) the effect of liabilities and other claims asserted against the Company including the failure to repay indebtedness or comply with lender covenants including the lack of liquidity to support business operations and the inability to refinance debt, failure to obtain necessary financing or the inability to access the capital markets and/or obtain alternative sources of capital; (vi) changes in the size and nature of the Company's competition; (vii) the loss of one or more key executives; (viii) increased credit risk from customers; (ix) the Company's failure to grow internally or by acquisition or the failure to successfully integrate acquisitions; (x) the Company's failure to improve operating margins and realize cost efficiencies and economies of scale; (xi) the Company's failure to attract, hire and retain quality recruiters, account managers and salesmen; (xii) the Company's failure to recruit qualified candidates to place at customers for contract or full-time hire; (xiii) the adverse impact of geopolitical events, government mandates, natural disasters or health crises, force majeure occurrences, future global pandemics such as COVID-19 or other harmful viral or non-viral rapidly spreading diseases and such other factors as set forth under the heading "Forward-Looking Statements" in the Company's annual reports on Form 10-K, its quarterly reports on Form 10-Q and in the Company's other filings with the Securities and Exchange Commission (SEC). More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to publicly update, revise, or alter its forward-looking statements whether as a result of new information, future events or otherwise.Contact:GEE Group Inc.
Kim Thorpe
630.954.0400
invest@geegroup.comSOURCE: GEE Group Inc.View the original press release on ACCESS NewswireOriginal: GEE Group Announces Filing of a Universal Shelf Registration Statement on Form S-3 for Financial Flexibility

GEE Group Announces Improved Financial Results for the Fiscal 2026 Second Quarter and Year-to-DateMay 14, 2026 6:00 AM
ACCESS NewswireIncreases in Direct Hire Placements, Gross Margins and Expense Reductions Drive ProfitabilityJACKSONVILLE, FL / ACCESS Newswire / May 14, 2026 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company," "GEE Group," "our" or "we"), a provider of professional staffing services and human resource solutions, today announced consolidated results for the fiscal 2026 second quarter and year-to-date periods ended March 31, 2026. The Company's contract and placement services are currently provided under its Professional Staffing Services operating division or segment. The operations and substantially all the assets of the Company's former Industrial Staffing Services segment were sold during fiscal 2025 and have been reclassified as discontinued operations and are excluded from the results of continuing operations reported below, unless otherwise stated. All amounts presented herein are consolidated or derived from consolidated amounts, and are rounded and represent approximations, accordingly.Fiscal 2026 Second Quarter and YTD Continuing Operations HighlightsThe Company produced net income from continuing operations for the three-month period ended March 31, 2026 of $14 thousand, or $0.00 per diluted share, an improvement from a loss of $(33.0) million, or $(0.30) per diluted share, for the comparable fiscal 2025 period. Net loss from continuing operations for the six-month period ended March 31, 2026 was $(136) thousand, or $(0.00) per diluted share, an improvement from $(33.6) million, or $(0.31) per diluted share, for the comparable fiscal 2025 period. The results of the comparable fiscal 2025 periods include $31.8 million in non-cash charges, comprised of a $22.0 million goodwill impairment charge and a $9.8 million provision for income taxes attributable to an increase in the Company's valuation allowance on its deferred tax assets. In addition to the absence of comparable non-cash charges in fiscal 2026, growth in our direct hire revenues, gross margin improvements, cost reductions and productivity enhancements initiated during the latter portion of fiscal 2025 contributed to the improvement in our financial results.Adjusted EBITDA (a non-GAAP financial measure) for the three and six-month periods ended March 31, 2026 was $108 thousand and $(28) thousand, respectively, improving from $(597) thousand and $(894) thousand for the comparable fiscal 2025 periods. Reconciliations of net income (loss) from continuing operations to non-GAAP adjusted EBITDA are attached hereto.Direct hire placement revenues for the three and six-month periods ended March 31, 2026 increased and were $3.2 million and $5.9 million, respectively, improving approximately 7% over the comparable fiscal 2025 periods. Historically, in a weaker labor demand environment, permanent placements are not as robust as contract hires. However, there has been a shift in employment needs by companies and the demand environment has gradually improved for these more profitable hires by customers. The Company continues to capitalize on these opportunities and we are cautiously optimistic that the demand for direct hire placements will be solid and increase for the remainder of the fiscal year.Consolidated revenues for the three and six-month periods ended March 31, 2026 were $19.5 million and $40.0 million, respectively, down 20% and 18% over the comparable fiscal 2025 periods. These decreases are mainly attributable to the acquisition of one of our higher volume, lower margin contract staffing services accounts and the replacement of our services by an affiliate of the acquirer. Without the loss of this single higher volume, lower margin customer, consolidated revenues would have decreased by 10% for the quarter and 7% for the year-to-date. Continuing macroeconomic weakness and uncertainties related to tariffs, persistent inflation, geopolitical turmoil and relatively high interest rates also have continued to adversely affect the U.S. labor markets and contributed to a less than robust demand environment. The proliferation of various artificial intelligence ("AI") applications and tools implemented across various industries also has had a dampening effect on many organizations' hiring plans, leading to job terminations, reductions in the workforce and lower demand for certain types of laborContract staffing services revenues for the three and six-month periods ended March 31, 2026 were $16.3 million and $34.1 million, respectively, down 24% and 21% over the comparable fiscal 2025 periods. As mentioned above, these decreases were mainly due to the loss of a contract services account resulting from an acquisition of the customer which produced revenues of $2.5 million and $5.1 million during the prior three and six-month periods ended March 31, 2025, respectively. Absent the loss of this customer, contract staffing services revenues decreased 14% for the quarter and 10% year-to-date. The remaining portion of the decrease in contract services revenue resulted from a decrease in demand due to fewer job orders and temporary staffing placements attributable to the above-mentioned macroeconomic and AI-related conditions.Gross margins increased for the three and six-month periods ended March 31, 2026 and were 38.1% and 37.1%, respectively, improving from 34.1% and 33.6% for the comparable fiscal 2025 periods. The improvements in our gross margins are attributable to an increase in the mix of direct hire placement revenues, which have a 100% gross margin, relative to total revenue, an increases in prices and spreads on certain professional contract services businesses and the loss of the lower margin contract services account mentioned above which also lowered gross profit for the fiscal 2026 second quarter and year to date period ended March 31, 2026.Selling, general and administrative expenses ("SG&A") decreased for the three and six-month periods ended March 31, 2026 and were $7.4 million and $15.1 million, respectively, down 20% and 15% over the comparable fiscal 2025 periods. The cost reduction initiatives implemented by the Company during the latter portion of fiscal 2025 contributed approximately $1.3 million and $2.4 million to the decreases in SG&A during the three and six-month periods ended March 31, 2026, respectively, as compared to the same periods in fiscal 2025.Net cash used in operating activities was $862 thousand for the six-month period ended March 31, 2026, an improvement from $(1.1) million for the comparable fiscal 2025 period. The Company produced net cash from operating activities of $332 thousand during the three-month period ended March 31, 2026. Free cash flow (a non-GAAP financial measure), including cash flows from discontinued operations, was $(1.0) million for the six-month period ended March 31, 2026, an improvement from $(1.1) million for the comparable fiscal 2025 period. Reconciliations of net cash used in operating activities to non-GAAP free cash flow are attached hereto.The Company maintains a strong liquidity position. As of March 31, 2026, cash balances were $20.3 million, borrowing availability under GEE Group's bank ABL credit facility was $4.9 million, which remains undrawn, and net working capital was $23.8 million. Our current ratio was 4.6, shareholders' equity was $50.0 million, and we had zero long-term debt.Net book value per share and net tangible book value per share were $0.46 and $0.23, respectively, as of March 31, 2026.As a result of our Industrial Segment being discontinued and sold on June 2, 2025, the results of that segment have been reclassified to loss from discontinued operations in the Company's consolidated statements of operations for the comparable fiscal 2025 periods referenced in this earnings press release.GEE Group Inc. will hold an investor webcast/conference call on Friday, May 15, 2026 at 10 a.m. EST to review and discuss the fiscal 2026 second quarter and year-to-date results. The Company's prepared remarks will be posted on its website www.geegroup.com prior to the call.Investor Conference Call/Webcast Information:The investor conference call will be webcast, and you should pre-register in advance for the event to view and/or listen via the internet by clicking on the link below to join the conference call/webcast from your laptop, tablet or mobile device. Audio will stream through your selected device, so be sure to have headphones or your volume turned up. Questions can be submitted via email after the prepared remarks are delivered with management responding real time. A full replay of the investor conference call/webcast will be available at the same link shortly after the conclusion of the live event.Audience Event Link:https://event.webcasts.com/starthere.jsp?ei=1763620&tp_key=148ac31005A confirmatory email will be sent to each registrant to acknowledge a successful registration.Management CommentsDerek E. Dewan, Chairman and Chief Executive Officer of GEE Group, commented, "I am pleased to report that the Company produced positive net income and adjusted EBITDA for the March 2026 second quarter and significantly improved performance for the first six months of fiscal 2026. We have managed to successfully deliver better results so far this year in a fairly difficult labor market and continue to aggressively adjust our business plan including pursuing new, higher margin revenue generating opportunities, aggressively implementing AI tools to maximize efficiency and continuing our cost reduction initiatives. We believe the improved performance of our direct hire business this year may be a leading indicator that conditions are leveling off somewhat and stabilizing as we are seeing some businesses begin to initiate new projects requiring the addition of human resources. Thus, we remain cautiously optimistic that we will have more job orders for full-time and contingent staffing positions which will result in an increase in both direct hire and contract placements. GEE Group has strategically implemented and incorporated AI in its business processes which will help streamline and enhance recruiting and accelerate its sales efforts. We also intend to provide our clients with the necessary human resources solutions to implement and support their use of AI and help them create increased efficiency and profitability."Mr. Dewan added, "The actions we took in 2025 and so far in 2026 have allowed us to mitigate the effects of a sluggish hiring environment and return to profitability this quarter. The demand for our direct hire services so far in fiscal 2026 appears to be sustainable. We continue to tightly manage expenses and seek productivity improvements and cost savings. The Company has a strong balance sheet with a current ratio of 4.6 and substantial liquidity resources, both in cash and borrowing capacity."Mr. Dewan further commented, "As we have stated previously, the Company engaged Roth Capital Partners, LLC ("Roth") to assist us in performing an analysis of strategic alternatives available to the Company which will maximize shareholder value. Roth has been working hand in hand with the Company's board of directors, and more specifically, our Board's standing M&A Committee, to perform this analysis, including obtaining and assisting the Company in assessing and evaluating the indications of interests from interested parties in connection with an M&A or other strategic transaction. This process is very robust and we are very pleased with the level of activity and progress to date."In addition, GEE Group Inc. today announced in a press release that it filed a "Universal Shelf Registration Statement" with the Securities and Exchange Commission on Form S-3. Once declared effective, it will allow the Company to issue and sell from time to time in one or more offerings, subject to certain NYSE and SEC rules and regulations, up to $100 million in equity or debt including common stock, preferred stock, debt securities or other instruments in amounts, at prices and on terms to be determined based on market conditions at the time of sale and as set forth in an accompanying prospectus or prospectus supplement.Mr. Dewan stated, "The Universal Shelf Registration is intended to provide the Company with maximum financial flexibility to efficiently access the capital markets for purposes of raising additional debt or equity capital in the future for appropriate purposes should one or more opportunities present themselves including those in connection with an M&A or strategic transaction that stand to increase shareholder value."The "Universal Shelf Registration Statement" (FORM S-3) related to the securities discussed herein has been filed with the SEC but has not yet become effective. Securities may not be sold, nor may offers to buy be accepted, prior to the time the registration becomes effective and only through a prospectus or prospectus supplement. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. Additional Information to Consider in Conjunction with the Press ReleaseThe aforementioned Fiscal 2026 First Quarter Highlights and Results should be read in conjunction with all of the financial and other information included in GEE Group's most recent Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, as well as any applicable recent Current Reports on Forms 8-K and 8-K/A, Registration Statements and Amendments on Forms S-1 and S-3, and Information Statements on Schedules 14A and 14C, filed with the SEC. The discussion of financial results in this press release, and the information presented herein, include the use of non-GAAP financial measures. Schedules are attached hereto which reconcile the related financial items prescribed by accounting principles generally accepted in the United States ("GAAP" or "U.S. GAAP") to the non-GAAP financial information. These non-GAAP financial measures are not a substitute for the comparable measures prescribed by GAAP as further discussed below in this press release. See "Use of Non-GAAP Financial Measures" and the reconciliations of Non-GAAP Financial Measures used in this press release with the Company's corresponding financial measures presented in accordance with U.S. GAAP below.Financial information provided in this press release also may consist of or refer to estimates, projected or pro forma financial information and certain assumptions that are considered forward looking statements, are predictive in nature and depend on future events, and any such predicted or projected financial or other results may not be realized nor are they guarantees of future performance. See "Forward-Looking Statements Safe Harbor" below which incorporates "Risk Factors" which may possibly have a negative effect on the Company's business.Use of Non-GAAP Financial MeasuresThe Company discloses certain non-GAAP financial measures in this press release, including EBITDA, adjusted EBITDA, and free cash flow. Management and the Board of Directors use and refer to these non-GAAP financial measures internally as a supplement to financial information presented in accordance with U.S. GAAP. Non-GAAP financial measures are used for purposes of evaluating operating performance, financial planning purposes, establishing operational and budgetary goals, compensation plans, analysis of debt service capacity, capital expenditure planning and determining working capital needs. The Company also believes that these non-GAAP financial measures are considered useful by investors.Non-GAAP EBITDA is defined as net loss from continuing operations before interest, other income, taxes, depreciation and amortization. Non-GAAP adjusted EBITDA is defined as EBITDA, adjusted for non-cash stock compensation expenses, acquisition, integration, restructuring and other non-recurring expenses, capital market-related expenses, and gains or losses on extinguishment of debt or sale of assets. Non-GAAP free cash flow is defined as net cash used in operating activities, less capital expenditures.Non-GAAP EBITDA, adjusted EBITDA, and free cash flow are not terms proscribed or defined by GAAP and, as a result, the Company's measure of them may not be comparable to similarly titled measures used by other companies. Generally, a non-GAAP financial measure is a numerical measure of a company's performance, financial position, or cash flow that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. The non-GAAP financial measures discussed above should be considered in addition to, and not as substitutes for, nor as being superior to net loss reported in the consolidated statements of income, cash and cash flows reported in the consolidated statements of cash flows, or other measures of financial performance reflected in the Company's consolidated financial statements prepared in accordance with U.S. GAAP included in Form 10-K and Form 10-Q for their respective periods filed with the SEC, which should be read and referred to in order to obtain a comprehensive and thorough understanding of the Company's financial results. The reconciliations of net loss from continuing operations to non-GAAP EBITDA and non-GAAP adjusted EBITDA, and net cash used in operating activities to non-GAAP free cash flows referred to in the highlights or elsewhere in this press release are provided in the following schedules that also form a part of this press release. Reconciliation of Net Income (Loss) from Continuing Operations to
Non-GAAP EBITDA and Adjusted EBITDA
Three Month Periods Ended March 31,
(In thousands) 2026 2025 Net income (loss) from continuing operations $14 $(32,956)Interest expense 66 89 Interest income (116) (139)Income taxes (21) 9,786 Depreciation 45 50 Amortization 20 225 Non-cash goodwill impairment charges - 22,000 Non-GAAP EBITDA 8 (945)Non-cash stock compensation 86 122 Acquisition, integration & restructuring 14 226 Non-GAAP adjusted EBITDA $108 $(597)Reconciliation of Net Loss from Continuing Operations to
Non-GAAP EBITDA and Adjusted EBITDA
Six Month Periods Ended March 31,
(In thousands) 2026 2025 Net loss from continuing operations $(136) $(33,640)Interest expense 131 155 Interest income (244) (294)Other income (196) - Income taxes (21) 9,786 Depreciation 91 105 Amortization 80 430 Non-cash goodwill impairment charges - 22,000 Non-GAAP EBITDA (295) (1,458)Non-cash stock compensation 199 240 Severance agreements 56 - Acquisition, integration & restructuring 52 317 Other losses (gains) (40) 7 Non-GAAP adjusted EBITDA $(28) $(894)Reconciliation of Net Cash Used In Operating
Activities to Non-GAAP Free Cash Flow
Six Month Periods Ended March 31,
(In thousands) 2026 2025 Net cash used in operating activities $(862) $(1,141)Acquisition of property and equipment (110) (4)Non-GAAP free cash flow $(972) $(1,145)GEE GROUP INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)
(Amounts in thousands except per share data) Three Months Ended March 31, Six Months Ended March 31, 2026 2025 2026 2025 NET REVENUES:



Contract staffing services $16,294 $21,495 $34,094 $43,009 Direct hire placement services 3,187 3,000 5,903 5,511 NET REVENUES 19,481 24,495 39,997 48,520 Cost of contract services 12,066 16,135 25,177 32,234 GROSS PROFIT 7,415 8,360 14,820 16,286 Selling, general and administrative expenses 7,407 9,305 15,115 17,744 Depreciation expense 45 50 91 105 Amortization of intangible assets 20 225 80 430 Intangible assets impairment charges - - - - Goodwill impairment charge - 22,000 - 22,000 LOSS FROM OPERATIONS (57) (23,220) (466) (23,993)Interest expense (66) (89) (131) (155)Interest income 116 139 244 294 Other income - - 196 - LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAX PROVISION (7) (23,170) (157) (23,854)Provision for income tax (expense) benefit attributable to continuing operations 21 (9,786) 21 (9,786)INCOME (LOSS) FROM CONTINUING OPERATIONS 14 (32,956) (136) (33,640)Loss from discontinued operations, net of tax - (163) - (171)CONSOLIDATED NET INCOME (LOSS) $14 $(33,119) $(136) $(33,811) WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC 109,881 109,413 109,741 109,413 WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED 110,596 109,413 109,741 109,413 BASIC AND DILUTED LOSS PER SHARE From continuing operations $0.00 $(0.30) $(0.00) $(0.31)From discontinued operations $- $(0.00) $- $(0.00)Consolidated net loss per share $0.00 $(0.30) $(0.00) $(0.31)GEE GROUP INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)
(Amounts in thousands) March 31, 2026 September 30, 2025 ASSETS CURRENT ASSETS: Cash $20,331 $21,364 Accounts receivable, less allowances ($76 and $76, respectively) 9,541 9,695 Prepaid expenses and other current assets 577 622 Total current assets 30,449 31,681 Property and equipment, net 373 354 Goodwill 24,759 24,759 Intangible assets, net 540 620 Right-of-use assets 3,419 2,443 Other long-term assets 124 140 TOTAL ASSETS $59,664 $59,997 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $1,255 $1,392 Accrued compensation 3,961 4,519 Current operating lease liabilities 993 986 Current portion of notes payable 196 196 Other current liabilities 275 595 Total current liabilities 6,680 7,688 Deferred taxes, net 234 262 Noncurrent operating lease liabilities 2,704 1,829 Notes payable - 196 Other long-term liabilities - 12 Total liabilities 9,618 9,987 Commitments and contingencies SHAREHOLDERS' EQUITY Common stock, no par value; authorized - 200,000 shares; 114,900 shares issued and 109,870 shares outstanding at March 31, 2026 and 114,900 shares issued and 109,413 shares outstanding at September 30, 2025 113,530 113,675 Accumulated deficit (60,615) (60,479)Treasury stock; at cost - 5,030 shares at March 31, 2026 and 5,487 shares at September 30, 2025 (2,869) (3,186)Total shareholders' equity 50,046 50,010 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $59,664 $59,997 About GEE GroupGEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company provides professional staffing services and solutions in information technology, engineering, finance and accounting specialties through the names of Access Data Consulting, Agile Resources, Omni One, GEE Group Columbus, Hornet Staffing and Paladin Consulting. Also, in the healthcare sector, GEE Group, through its Scribe Solutions brand, staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR). The Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and SNI Certes®.Forward-Looking Statements Safe HarborIn addition to historical information, this press release contains statements relating to possible future events and/or the Company's future results (including results of business operations, certain projections, future financial condition, pro forma financial information, and business trends and prospects) that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995 and are subject to the "safe harbor" created by those sections. The statements made in this press release that are not historical facts are forward-looking statements that are predictive in nature and depend upon or refer to future events. These forward-looking statements include, without limitation, anticipated cash flow generation and expected shareholder benefits. Such forward-looking statements often contain, or are prefaced by, words such as "will", "may," "plans," "expects," "anticipates," "projects," "predicts," "pro forma", "estimates," "aims," "believes," "hopes," "potential," "intends," "suggests," "appears," "seeks," or variations of such words or similar words and expressions of future tense. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and, consequently, as a result of a number of factors, the Company's actual results could differ materially from those expressed or implied by such forward-looking statements. The international pandemic, the Novel Coronavirus ("COVID-19"), negatively impacted and disrupted the Company's business operations and had a significant negative impact on the global economy and employment in general, resulting in, among other things, a lack of demand for the Company's services. This was exacerbated by government and client directed "quarantines", "remote working", "shut-downs" and "social distancing". Some of these outcomes or by-products of the pandemic have persisted in one form or another since and there is no assurance that conditions will ever fully return to their former pre-pandemic status quo. These and certain other factors that might cause the Company's actual results to differ materially from those in the forward-looking statements include, without limitation: (i) the loss, default or bankruptcy of one or more customers; (ii) changes in general, regional, national or international economic conditions; (iii) an act of war or terrorism, industrial accidents, or cyber security breach that disrupts business; (iv) changes in the law and regulations; (v) the effect of liabilities and other claims asserted against the Company including the failure to repay indebtedness or comply with lender covenants including the lack of liquidity to support business operations and the inability to refinance debt, failure to obtain necessary financing or the inability to access the capital markets and/or obtain alternative sources of capital; (vi) changes in the size and nature of the Company's competition; (vii) the loss of one or more key executives; (viii) increased credit risk from customers; (ix) the Company's failure to grow internally or by acquisition or the failure to successfully integrate acquisitions; (x) the Company's failure to improve operating margins and realize cost efficiencies and economies of scale; (xi) the Company's failure to attract, hire and retain quality recruiters, account managers and salesmen; (xii) the Company's failure to recruit qualified candidates to place at customers for contract or full-time hire; (xiii) the adverse impact of geopolitical events, government mandates, natural disasters or health crises, force majeure occurrences, future global pandemics such as COVID-19 or other harmful viral or non-viral rapidly spreading diseases and such other factors as set forth under the heading "Forward-Looking Statements" in the Company's annual reports on Form 10-K, its quarterly reports on Form 10-Q and in the Company's other filings with the Securities and Exchange Commission (SEC). More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to publicly update, revise, or alter its forward-looking statements whether as a result of new information, future events or otherwise.Contact:
GEE Group Inc.
Kim Thorpe
630.954.0400
invest@geegroup.comSOURCE: GEE Group Inc.View the original press release on ACCESS NewswireOriginal: GEE Group Announces Improved Financial Results for the Fiscal 2026 Second Quarter and Year-to-Date

JOB.............................https://stockcharts.com/sc3/ui/?s=JOB&p=w&b=5&g=0&id=p86431144783

Roth Capital Partners Engaged by GEE Group to Assist in Reviewing Unsolicited Expressions of Interests and Evaluating Strategic AlternativesMarch 10, 2026 4:00 PM
ACCESS NewswireJACKSONVILLE, FL / ACCESS Newswire / March 10, 2026 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company," "GEE Group," "our" or "we"), a provider of professional staffing services and human resource solutions, today announced that it has engaged Roth Capital Partners, LLC("Roth") as its financial advisor to assist the Company in reviewing and developing responses to unsolicited expressions of interest received and to consider other strategic alternatives available to GEE Group and its shareholders.GEE Group Inc. has previously disclosed that it received unsolicited expressions of interest from various parties and these opportunities have been initially reviewed by the Company's Board of Directors, and more specifically, its Mergers and Acquisition ("M&A") Committee. Roth will help further evaluate and prepare responses. They will also assist the Board in evaluating these expressions of interest and other strategic alternatives available to the Company to maximize shareholder value. There can be no assurance that the Company's review of these expressions of interest or other strategic alternatives will result in any transaction.Derek E. Dewan, Chairman and Chief Executive Officer of GEE Group, commented, "As we stated in our recent press release, the Company intends to privately and formally respond to interested parties. In accordance with its fiduciary duties, the Board of Directors of GEE Group and its M&A Committee will consider any bona fide offer regarding a business combination, acquisition, or other transaction that it believes will enhance shareholder value. Our decision to engage Roth Capital Partners as the Company's financial advisor was addressed at our February Board of Directors meeting and represents the next important step towards this end."Mr. Dewan added, "Our businesses offer substantial value to strategic or financial buyers who wish to enhance their existing IT and other professional services vertical offerings or add complimentary higher end human resources solutions to their menu of services."About GEE GroupGEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company provides professional staffing services and solutions in information technology, engineering, finance and accounting specialties through the names of Access Data Consulting, Agile Resources, Omni One, GEE Group Columbus, Hornet Staffing and Paladin Consulting. Also, in the healthcare sector, GEE Group, through its Scribe Solutions brand, staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR). The Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and SNI Certes®.Forward-Looking Statements Safe HarborThis press release contains statements relating to possible future events and/or the Company's future results that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995 and are subject to the "safe harbor" created by those sections. The statements made in this press release that are not historical facts are forward-looking statements that are predictive in nature and depend upon or refer to future events. These forward-looking statements include, without limitation, anticipated cash flow generation and expected shareholder benefits. Such forward-looking statements often contain, or are prefaced by, words such as "will", "may," "plans," "expects," "anticipates," "projects," "predicts," "pro forma", "estimates," "aims," "believes," "hopes," "potential," "intends," "suggests," "appears," "seeks," or variations of such words or similar words and expressions of future tense. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and, consequently, as a result of a number of factors, the Company's actual results could differ materially from those expressed or implied by such forward-looking statements. The international pandemic, the Novel Coronavirus ("COVID-19"), negatively impacted and disrupted the Company's business operations and had a significant negative impact on the global economy and employment in general, resulting in, among other things, a lack of demand for the Company's services. This was exacerbated by government and client directed "quarantines", "remote working", "shut-downs" and "social distancing". Some of these outcomes or by-products of the pandemic have persisted in one form or another since and there is no assurance that conditions will ever fully return to their former pre-pandemic status quo. These and certain other factors that might cause the Company's actual results to differ materially from those in the forward-looking statements include, without limitation: (i) the loss, default or bankruptcy of one or more customers; (ii) changes in general, regional, national or international economic conditions; (iii) an act of war or terrorism, industrial accidents, or cyber security breach that disrupts business; (iv) changes in the law and regulations; (v) the effect of liabilities and other claims asserted against the Company including the failure to repay indebtedness or comply with lender covenants including the lack of liquidity to support business operations and the inability to refinance debt, failure to obtain necessary financing or the inability to access the capital markets and/or obtain alternative sources of capital; (vi) changes in the size and nature of the Company's competition; (vii) the loss of one or more key executives; (viii) increased credit risk from customers; (ix) the Company's failure to grow internally or by acquisition or the failure to successfully integrate acquisitions; (x) the Company's failure to improve operating margins and realize cost efficiencies and economies of scale; (xi) the Company's failure to attract, hire and retain quality recruiters, account managers and salesmen; (xii) the Company's failure to recruit qualified candidates to place at customers for contract or full-time hire; (xiii) the adverse impact of geopolitical events, government mandates, natural disasters or health crises, force majeure occurrences, future global pandemics such as COVID-19 or other harmful viral or non-viral rapidly spreading diseases and such other factors as set forth under the heading "Forward-Looking Statements" in the Company's annual reports on Form 10-K, its quarterly reports on Form 10-Q and in the Company's other filings with the Securities and Exchange Commission (SEC). More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to publicly update, revise, or alter its forward-looking statements whether as a result of new information, future events or otherwise.Contact:GEE Group Inc.
Kim Thorpe
630.954.0400
invest@geegroup.comSOURCE: GEE Group Inc.View the original press release on ACCESS NewswireOriginal: Roth Capital Partners Engaged by GEE Group to Assist in Reviewing Unsolicited Expressions of Interests and Evaluating Strategic Alternatives

GEE Group Inc. Director Bill Isaac Retires from the BoardMarch 9, 2026 4:30 PM
ACCESS NewswireJACKSONVILLE, FL / ACCESS Newswire / March 9, 2026 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company," "GEE Group," "our" or "we"), a provider of professional staffing services and human resource solutions, today announced that William M. ("Bill") Isaac, who has been a valued member of GEE Group's Board of Directors since 2015, retired from and resigned his position as a Director effective March 6, 2026 for health and other reasons.Derek Dewan, Chairman & Chief Executive Officer commented, "Bill is a well respected businessman and a former Chairman of the Federal Deposit Insurance Corporation ("FDIC"). For 10 years, he has faithfully fulfilled his Director responsibilities and has been a tremendous asset to the Company. We wish him well as he winds down many of his business activities and moves into retirement."About GEE GroupGEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company provides professional staffing services and solutions in information technology, engineering, finance and accounting specialties through the names of Access Data Consulting, Agile Resources, Omni One, GEE Group Columbus, Hornet Staffing and Paladin Consulting. Also, in the healthcare sector, GEE Group, through its Scribe Solutions brand, staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR). The Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and SNI Certes®.Forward-Looking Statements Safe HarborIn addition to historical information, this press release contains statements relating to possible future events and/or the Company's future results (including results of business operations, certain projections, future financial condition, pro forma financial information, and business trends and prospects) that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995 and are subject to the "safe harbor" created by those sections. The statements made in this press release that are not historical facts are forward-looking statements that are predictive in nature and depend upon or refer to future events. These forward-looking statements include, without limitation, anticipated cash flow generation and expected shareholder benefits. Such forward-looking statements often contain, or are prefaced by, words such as "will", "may," "plans," "expects," "anticipates," "projects," "predicts," "pro forma", "estimates," "aims," "believes," "hopes," "potential," "intends," "suggests," "appears," "seeks," or variations of such words or similar words and expressions of future tense. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and, consequently, as a result of a number of factors, the Company's actual results could differ materially from those expressed or implied by such forward-looking statements. The international pandemic, the Novel Coronavirus ("COVID-19"), negatively impacted and disrupted the Company's business operations and had a significant negative impact on the global economy and employment in general, resulting in, among other things, a lack of demand for the Company's services. This was exacerbated by government and client directed "quarantines", "remote working", "shut-downs" and "social distancing". Some of these outcomes or by-products of the pandemic have persisted in one form or another since and there is no assurance that conditions will ever fully return to their former pre-pandemic status quo. These and certain other factors that might cause the Company's actual results to differ materially from those in the forward-looking statements include, without limitation: (i) the loss, default or bankruptcy of one or more customers; (ii) changes in general, regional, national or international economic conditions; (iii) an act of war or terrorism, industrial accidents, or cyber security breach that disrupts business; (iv) changes in the law and regulations; (v) the effect of liabilities and other claims asserted against the Company including the failure to repay indebtedness or comply with lender covenants including the lack of liquidity to support business operations and the inability to refinance debt, failure to obtain necessary financing or the inability to access the capital markets and/or obtain alternative sources of capital; (vi) changes in the size and nature of the Company's competition; (vii) the loss of one or more key executives; (viii) increased credit risk from customers; (ix) the Company's failure to grow internally or by acquisition or the failure to successfully integrate acquisitions; (x) the Company's failure to improve operating margins and realize cost efficiencies and economies of scale; (xi) the Company's failure to attract, hire and retain quality recruiters, account managers and salesmen; (xii) the Company's failure to recruit qualified candidates to place at customers for contract or full-time hire; (xiii) the adverse impact of geopolitical events, government mandates, natural disasters or health crises, force majeure occurrences, future global pandemics such as COVID-19 or other harmful viral or non-viral rapidly spreading diseases and such other factors as set forth under the heading "Forward-Looking Statements" in the Company's annual reports on Form 10-K, its quarterly reports on Form 10-Q and in the Company's other filings with the Securities and Exchange Commission (SEC). More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to publicly update, revise, or alter its forward-looking statements whether as a result of new information, future events or otherwise.Contact:GEE Group Inc.
Kim Thorpe
630.954.0400
invest@geegroup.comSOURCE: GEE Group Inc.View the original press release on ACCESS NewswireOriginal: GEE Group Inc. Director Bill Isaac Retires from the Board

GEE Group's SNI Companies Wins Clearlyrated's 2026 Best of Staffing Client and Talent 5 Year Diamond Awards for Service ExcellenceFebruary 20, 2026 11:55 AM
ACCESS NewswireDiamond award winners have won the Best of Staffing award for at least 5 years in a row, consistently earning industry-leading satisfaction scores from clients and placed talent.JACKSONVILLE, FL / ACCESS Newswire / February 20, 2026 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company," "GEE Group," "our" or "we"), a provider of professional staffing services and human resource solutions, today announced that its SNI Companies subsidiary's four main divisions, Accounting Now, Staffing Now, SNI Financial, and SNI Technology, have won the Best of Staffing Client and Talent 5 Year Diamond Awardsfor providing superior service to their clients and candidates for at least five (5) consecutive years. ClearlyRated's Best of Staffing® Award winners have proven to be industry leaders in service quality based entirely on ratings provided by their clients and candidates.On average, clients of winning agencies are more than 50% more likely to be completely satisfied and candidates who have been placed by winning agencies are 60% more likely to be completely satisfied with the services provided compared to those working with non-winning agencies."It's an honor to introduce the 2026 Best of Staffing award winners," said Baker Nanduru, CEO of ClearlyRated. "These companies keep client experience front and center, pushing the envelope in innovative service approaches. Their work is shaping the future of staffing and recruiting, and it's a privilege to recognize their achievements. Congratulations to all!"About GEE Group Inc.GEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company operates in two industry segments, providing professional staffing services and solutions in the information technology, engineering, finance and accounting specialties and commercial staffing services through the names of Access Data Consulting, Agile Resources, GEE Group Columbus, Hornet Staffing, Omni-One, and Paladin Consulting. Also, in the healthcare sector, GEE Group, through its Scribe Solutions brand, staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR). Additionally, the Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now, Staffing Now, SNI Financial, SNI Technology, SNI Banking, SNI Certes, and SNI Energy.About ClearlyRatedClearlyRated is the leading CX platform designed specifically for professional services firms. We help firms leverage the Net Promoter® Score survey methodology to gain deep insights, identify strengths and weaknesses, fuel data-driven action, build reputation and future-proof their organizations with third-party validation. Learn more at https://www.clearlyrated.com/solutions/.About Best of Staffing®ClearlyRated's Best of Staffing® Award is the only award in the U.S. and Canada that recognizes staffing agencies that have proven superior service quality based entirely on ratings provided by their clients, placed talent, and internal employees. Award winners are showcased by city and area of expertise on ClearlyRated.com-an online business directory that helps buyers of professional services find service leaders and vet prospective firms with the help of validated client ratings and testimonials.Forward-Looking Statements Safe HarborIn addition to historical information, this press release contains statements relating to possible future events and/or the Company's future results (including results of business operations, certain projections, future financial condition, pro forma financial information, and business trends and prospects) that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995 and are subject to the "safe harbor" created by those sections. The statements made in this press release that are not historical facts are forward-looking statements that are predictive in nature and depend upon or refer to future events. These forward-looking statements include, without limitation, anticipated cash flow generation and expected shareholder benefits. Such forward-looking statements often contain, or are prefaced by, words such as "will", "may," "plans," "expects," "anticipates," "projects," "predicts," "pro forma", "estimates," "aims," "believes," "hopes," "potential," "intends," "suggests," "appears," "seeks," or variations of such words or similar words and expressions of future tense. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and, consequently, as a result of a number of factors, the Company's actual results could differ materially from those expressed or implied by such forward-looking statements. The international pandemic, the Novel Coronavirus ("COVID-19"), negatively impacted and disrupted the Company's business operations and had a significant negative impact on the global economy and employment in general, resulting in, among other things, a lack of demand for the Company's services. This was exacerbated by government and client directed "quarantines", "remote working", "shut-downs" and "social distancing". Some of these outcomes or by-products of the pandemic have persisted in one form or another since and there is no assurance that conditions will ever fully return to their former pre-pandemic status quo. These and certain other factors that might cause the Company's actual results to differ materially from those in the forward-looking statements include, without limitation: (i) the loss, default or bankruptcy of one or more customers; (ii) changes in general, regional, national or international economic conditions; (iii) an act of war or terrorism, industrial accidents, or cyber security breach that disrupts business; (iv) changes in the law and regulations; (v) the effect of liabilities and other claims asserted against the Company including the failure to repay indebtedness or comply with lender covenants including the lack of liquidity to support business operations and the inability to refinance debt, failure to obtain necessary financing or the inability to access the capital markets and/or obtain alternative sources of capital; (vi) changes in the size and nature of the Company's competition; (vii) the loss of one or more key executives; (viii) increased credit risk from customers; (ix) the Company's failure to grow internally or by acquisition or the failure to successfully integrate acquisitions; (x) the Company's failure to improve operating margins and realize cost efficiencies and economies of scale; (xi) the Company's failure to attract, hire and retain quality recruiters, account managers and salesmen; (xii) the Company's failure to recruit qualified candidates to place at customers for contract or full-time hire; (xiii) the adverse impact of geopolitical events, government mandates, natural disasters or health crises, force majeure occurrences, future global pandemics such as COVID-19 or other harmful viral or non-viral rapidly spreading diseases and such other factors as set forth under the heading "Forward-Looking Statements" in the Company's annual reports on Form 10-K, its quarterly reports on Form 10-Q and in the Company's other filings with the Securities and Exchange Commission (SEC). More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to publicly update, revise, or alter its forward-looking statements whether as a result of new information, future events or otherwise.Contact:GEE Group Inc.
Kim Thorpe
630.954.0400
invest@geegroup.comSOURCE: GEE Group Inc.View the original press release on ACCESS NewswireOriginal: GEE Group's SNI Companies Wins Clearlyrated's 2026 Best of Staffing Client and Talent 5 Year Diamond Awards for Service Excellence

GEE Group Announces Results for the Fiscal 2026 First Quarter Ended December 31, 2025February 12, 2026 4:30 PM
ACCESS NewswireJACKSONVILLE, FL / ACCESS Newswire / February 12, 2026 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company," "GEE Group," "our" or "we"), a provider of professional staffing services and human resource solutions, today announced consolidated results for the fiscal 2026 first quarter ended December 31, 2025. The Company's contract and placement services are currently provided under its Professional Staffing Services operating division or segment. The operations and substantially all the assets of the Company's former Industrial Staffing Services segment were sold during fiscal 2025 and have been reclassified as discontinued operations so are excluded from the results of continuing operations reported below, unless otherwise stated. All amounts presented herein are consolidated or derived from consolidated amounts, and are rounded and represent approximations, accordingly.Fiscal 2026 First Quarter Continuing Operations HighlightsConsolidated revenues for the fiscal 2026 first quarter were $20.5 million, down 15% over the comparable fiscal 2025 first quarter. This decrease is mainly attributable to the loss one of our larger higher volume, lower margin accounts when the customer was acquired. As a result of the acquisition, our contract staffing services were terminated effective as of October 1, 2025, and replaced by comparable services provided by an affiliate of the acquirer. This account produced revenues of $2.6 million during the comparable fiscal 2025 first quarter. Absent the loss of this single customer, consolidated revenues declined 3.8%. Macroeconomic weakness and uncertainties related to tariffs, persistent inflation and relatively high interest rates also have continued to adversely affect the U.S. labor markets and contributed to the decrease. In addition, the proliferation of various artificial intelligence ("AI") applications and tools implemented across various industries has had a dampening effect on many organizations' hiring plans and, in many cases, led to job terminations and reductions in the demand for certain types of labor.Contract staffing services revenues for the fiscal 2026 first quarter were $17.8 million, down 17% over the comparable fiscal 2025 first quarter. This decrease was mainly due to the loss of a single higher volume, lower margin account as explained above and, to a lesser extent, a decrease in job orders and lower demand due to the above-mentioned conditions.Direct hire placement revenues for the fiscal 2026 first quarter increased and were $2.7 million, up 8% over the comparable fiscal 2025 first quarter. Historically, in a weaker labor demand environment, permanent placements are not as robust as contract hires. However, there has been a shift in employment needs by companies and the demand environment has gradually improved for these more profitable hires by customers. The Company continues to capitalize on these opportunities and we are cautiously optimistic that the demand for direct hire placements will be solid and increase for the remainder of the fiscal year.Gross profit was $7.4 million for the fiscal 2026 first quarter, down 7% over the comparable fiscal 2025 first quarter. Gross margin improved and was 36.1% for the fiscal 2026 first quarter compared to 33.0% for the fiscal 2025 first quarter. The increase in our gross margin is mainly attributable to an increase in the mix of direct hire placement revenues, which have a 100% gross margin, relative to total revenue. Also contributing, to a lesser extent, is an increase in prices and spreads on some of our professional contract services businesses. The loss of one of our larger higher volume, lower gross margin accounts in the fiscal 2026 first quarter as mentioned above had the effect of lower gross profit but improved the mix of business contributing to the higher gross margin as well.Selling, general and administrative expenses ("SG&A") were $7.7 million for the fiscal 2026 first quarter, down 9% over the comparable fiscal 2025 first quarter. Our SG&A as a percentage of revenues were 37.6% for the fiscal 2026 first quarter as compared to 35.1% for the fiscal 2025 first quarter. The increase in SG&A as a percentage of revenues is attributable to lower revenues in relation to fixed costs, including certain personnel, occupancy and costs associated with applicant tracking systems and job boards. This was offset, in part, by the cost reductions and productivity improvement initiatives made by the Company during the second half of 2025. These cost reductions contributed approximately $1.1 million to the decrease in SG&A over the comparable periods.Loss from continuing operations for the fiscal 2026 first quarter was $(150) thousand, or $(0.00) per diluted share, an improvement, as compared with $(684) thousand, or $(0.01) per diluted share, for the fiscal 2025 first quarter. This improvement is primarily due to the cost reductions and productivity improvements, increase in gross margin and other relevant items, previously mentioned.Adjusted EBITDA (a non-GAAP financial measure), which improved for the fiscal 2026 first quarter, was $(97) thousand, as compared with $(304) thousand for the fiscal 2025 first quarter. Reconciliations of net loss from continuing operations to non-GAAP adjusted EBITDA are attached hereto.Free cash flow (a non-GAAP financial measure), including cash flows from discontinued operations, was $(1.2) million for the fiscal 2026 first quarter as compared with $(1.1) million for the fiscal 2025 first quarter. Reconciliations of net cash used in operating activities to non-GAAP free cash flow are attached hereto.The Company maintains a strong liquidity position. As of December 31, 2025, cash balances were $20.1 million, borrowing availability under GEE Group's bank ABL credit facility was $4.2 million, which remains undrawn, and net working capital was $23.9 million. Our current ratio was 5.3, shareholders' equity was $50.0 million, and our long-term debt was zero.Net book value per share and net tangible book value per share were $0.45 and $0.22, respectively, as of December 31, 2025.As a result of our Industrial Segment being discontinued and sold, the results of that segment have been reclassified to loss from discontinued operations in the Company's consolidated statements of operations for the fiscal 2025 first quarter and are excluded from the results covered in this earnings press release.GEE Group Inc. will hold an investor webcast/conference call on Friday, February 13, 2026 at 11a.m. EST to review and discuss the fiscal 2026 first quarter results. The Company's prepared remarks will be posted on its website www.geegroup.com prior to the call.Investor Conference Call/Webcast Information:The investor conference call will be webcast, and you should pre-register in advance for the event to view and/or listen via the internet by clicking on the link below to join the conference call/webcast from your laptop, tablet or mobile device. Audio will stream through your selected device, so be sure to have headphones or your volume turned up. Questions can be submitted via email after the prepared remarks are delivered with management responding real time. A full replay of the investor conference call/webcast will be available at the same link shortly after the conclusion of the live event.Audience Event Link:https://event.webcasts.com/starthere.jsp?ei=1752873&tp_key=10bc4621dfA confirmatory email will be sent to each registrant to acknowledge a successful registration.Management CommentsDerek E. Dewan, Chairman and Chief Executive Officer of GEE Group, commented, "The Company delivered another resilient quarter in a difficult labor market and continues to aggressively adjust its business plan including pursuing new revenue generating opportunities, aggressively implementing AI tools to maximize efficiency and accelerating expense reductions. The use of contingent labor and the volume of full-time hires lessened overall in the fiscal year 2024, continued throughout the fiscal year 2025 and in the fiscal 2026 first quarter. This decline in demand for labor followed a period of significant post-pandemic over hiring by organizations which was fueled by excessive U.S. government, subsidized liquidity. It does appear that conditions have leveled off somewhat and may be stabilizing as we are seeing some businesses begin to initiate new projects and hiring human resources. Thus, we remain cautiously optimistic based upon this observed activity level and anticipate that it will result in more job orders and full-time and contingent staffing placements. We also believe that AI is fast becoming a disruptor in the staffing industry. Therefore, GEE Group has implemented and incorporated AI in its strategic plan internally to ‘digitize,' streamline and enhance its recruiting and accelerate its sales efforts. The Company will provide its clients with the necessary human resources solutions to implement and support their use of AI and help them create increased efficiency and profitability."Mr. Dewan added, "The actions we took in 2025 have allowed us to mitigate much of the reduction in business volume and contribute to improved profitability. We believe that the demand for our services for the remainder of fiscal 2026 will likely improve with some volatility; however, we are committed to return to sustainable growth once again. We are tightly managing costs and continually evaluating our business for productivity improvements and cost savings. The Company has a strong balance sheet with a current ratio of 5.3 and substantial liquidity resources, both in cash and borrowing capacity.Mr. Dewan further commented upon recent M&A communications with interested parties, "Management and the Board of Directors have recently met to review and discuss multiple unsolicited expressions of interest in the Company and continue to evaluate various strategic alternatives to enhance shareholder value."Additional Information to Consider in Conjunction with the Press ReleaseThe aforementioned Fiscal 2026 First Quarter Highlights and Results should be read in conjunction with all of the financial and other information included in GEE Group's most recent Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, as well as any applicable recent Current Reports on Forms 8-K and 8-K/A, Registration Statements and Amendments on Forms S-1 and S-3, and Information Statements on Schedules 14A and 14C, filed with the SEC. The discussion of financial results in this press release, and the information presented herein, include the use of non-GAAP financial measures. Schedules are attached hereto which reconcile the related financial items prescribed by accounting principles generally accepted in the United States ("GAAP" or "U.S. GAAP") to the non-GAAP financial information. These non-GAAP financial measures are not a substitute for the comparable measures prescribed by GAAP as further discussed below in this press release. See "Use of Non-GAAP Financial Measures" and the reconciliations of Non-GAAP Financial Measures used in this press release with the Company's corresponding financial measures presented in accordance with U.S. GAAP below.Financial information provided in this press release also may consist of or refer to estimates, projected or pro forma financial information and certain assumptions that are considered forward looking statements, are predictive in nature and depend on future events, and any such predicted or projected financial or other results may not be realized nor are they guarantees of future performance. See "Forward-Looking Statements Safe Harbor" below which incorporates "Risk Factors" which may possibly have a negative effect on the Company's business.Use of Non-GAAP Financial MeasuresThe Company discloses certain non-GAAP financial measures in this press release, including EBITDA, adjusted EBITDA, and free cash flow. Management and the Board of Directors use and refer to these non-GAAP financial measures internally as a supplement to financial information presented in accordance with U.S. GAAP. Non-GAAP financial measures are used for purposes of evaluating operating performance, financial planning purposes, establishing operational and budgetary goals, compensation plans, analysis of debt service capacity, capital expenditure planning and determining working capital needs. The Company also believes that these non-GAAP financial measures are considered useful by investors.Non-GAAP EBITDA is defined as net loss from continuing operations before interest, other income, taxes, depreciation and amortization. Non-GAAP adjusted EBITDA is defined as EBITDA, adjusted for non-cash stock compensation expenses, acquisition, integration, restructuring and other non-recurring expenses, capital market-related expenses, and gains or losses on extinguishment of debt or sale of assets. Non-GAAP free cash flow is defined as net cash used in operating activities, less capital expenditures.Non-GAAP EBITDA, adjusted EBITDA, and free cash flow are not terms proscribed or defined by GAAP and, as a result, the Company's measure of them may not be comparable to similarly titled measures used by other companies. Generally, a non-GAAP financial measure is a numerical measure of a company's performance, financial position, or cash flow that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. The non-GAAP financial measures discussed above should be considered in addition to, and not as substitutes for, nor as being superior to net loss reported in the consolidated statements of income, cash and cash flows reported in the consolidated statements of cash flows, or other measures of financial performance reflected in the Company's consolidated financial statements prepared in accordance with U.S. GAAP included in Form 10-K and Form 10-Q for their respective periods filed with the SEC, which should be read and referred to in order to obtain a comprehensive and thorough understanding of the Company's financial results. The reconciliations of net loss from continuing operations to non-GAAP EBITDA and non-GAAP adjusted EBITDA, and net cash used in operating activities to non-GAAP free cash flows referred to in the highlights or elsewhere in this press release are provided in the following schedules that also form a part of this press release.Reconciliation of Net Loss from Continuing Operations to
Non-GAAP EBITDA and Adjusted EBITDA
Three Month Periods Ended December 31,
(In thousands) 2025 2024 Net loss from continuing operations $(150) $(684)Interest expense 65 66 Interest income (128) (155)Other income (196) - Depreciation 46 55 Amortization 60 205 Non-GAAP EBITDA (303) (513)Non-cash stock compensation 113 118 Severance agreements 57 - Acquisition, integration & restructuring 37 91 Non-GAAP adjusted EBITDA $(97) $(304)Reconciliation of Net Cash provided by (used in) Operating
Activities to Non-GAAP Free Cash Flow
Three Month Periods Ended December 31,
(In thousands) 2025 2024 Net cash used in operating activities $(1,194) $(1,117)Acquisition of property and equipment (4) (1)Non-GAAP free cash flow $(1,198) $(1,118)GEE GROUP INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (Amounts in thousands except per share data) Three Months Ended December 31, 2025 2024 NET REVENUES: Contract staffing services $17,800 $21,514 Direct hire placement services 2,716 2,511 NET REVENUES 20,516 24,025 Cost of contract services 13,111 16,099 GROSS PROFIT 7,405 7,926 Selling, general and administrative expenses 7,708 8,439 Depreciation expense 46 55 Amortization of intangible assets 60 205 LOSS FROM OPERATIONS (409) (773)Interest expense (65) (66)Interest income 128 155 Other income 196 - LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAX PROVISION (150) (684)Provision for income tax (expense) benefit attributable to continuing operations - - LOSS FROM CONTINUING OPERATIONS (150) (684)Loss from discontinued operations, net of tax - (8)CONSOLIDATED NET LOSS $(150) $(692) WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC AND DILUTED 109,600 109,413 BASIC AND DILUTED LOSS PER SHARE From continuing operations $(0.00) $(0.01)From discontinued operations $- $(0.00)Consolidated net loss per share $(0.00) $(0.01)GEE GROUP INC. CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Amounts in thousands) December 31, 2025 September 30, 2025 ASSETS CURRENT ASSETS: Cash $20,149 $21,364 Accounts receivable, less allowances ($71 and $76, respectively) 8,836 9,695 Prepaid expenses and other current assets 498 622 Total current assets 29,483 31,681 Property and equipment, net 312 354 Goodwill 24,759 24,759 Intangible assets, net 560 620 Right-of-use assets 3,673 2,443 Other long-term assets 156 140 TOTAL ASSETS $58,943 $59,997 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $1,126 $1,392 Accrued compensation 2,898 4,519 Current operating lease liabilities 1,006 986 Current portion of notes payable - 196 Other current liabilities 510 595 Total current liabilities 5,540 7,688 Deferred taxes, net 262 262 Noncurrent operating lease liabilities 2,972 1,829 Notes payable 196 196 Other long-term liabilities - 12 Total liabilities 8,970 9,987 SHAREHOLDERS' EQUITY Common stock, no par value; authorized - 200,000 shares; 114,900 shares issued and 110,006 shares outstanding at December 31, 2025 and 114,900 shares issued and 109,413 shares outstanding at September 30, 2025 113,444 113,675 Accumulated deficit (60,629) (60,479)Treasury stock; at cost - 4,895 shares at December 31, 2025 and 5,487 shares at September 30, 2025 (2,842) (3,186)Total shareholders' equity 49,973 50,010 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $58,943 $59,997 About GEE GroupGEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company provides professional staffing services and solutions in information technology, engineering, finance and accounting specialties through the names of Access Data Consulting, Agile Resources, Omni One, GEE Group Columbus, Hornet Staffing and Paladin Consulting. Also, in the healthcare sector, GEE Group, through its Scribe Solutions brand, staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR). The Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and SNI Certes®.Forward-Looking Statements Safe HarborIn addition to historical information, this press release contains statements relating to possible future events and/or the Company's future results (including results of business operations, certain projections, future financial condition, pro forma financial information, and business trends and prospects) that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995 and are subject to the "safe harbor" created by those sections. The statements made in this press release that are not historical facts are forward-looking statements that are predictive in nature and depend upon or refer to future events. These forward-looking statements include, without limitation, anticipated cash flow generation and expected shareholder benefits. Such forward-looking statements often contain, or are prefaced by, words such as "will", "may," "plans," "expects," "anticipates," "projects," "predicts," "pro forma", "estimates," "aims," "believes," "hopes," "potential," "intends," "suggests," "appears," "seeks," or variations of such words or similar words and expressions of future tense. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and, consequently, as a result of a number of factors, the Company's actual results could differ materially from those expressed or implied by such forward-looking statements. The international pandemic, the Novel Coronavirus ("COVID-19"), negatively impacted and disrupted the Company's business operations and had a significant negative impact on the global economy and employment in general, resulting in, among other things, a lack of demand for the Company's services. This was exacerbated by government and client directed "quarantines", "remote working", "shut-downs" and "social distancing". Some of these outcomes or by-products of the pandemic have persisted in one form or another since and there is no assurance that conditions will ever fully return to their former pre-pandemic status quo. These and certain other factors that might cause the Company's actual results to differ materially from those in the forward-looking statements include, without limitation: (i) the loss, default or bankruptcy of one or more customers; (ii) changes in general, regional, national or international economic conditions; (iii) an act of war or terrorism, industrial accidents, or cyber security breach that disrupts business; (iv) changes in the law and regulations; (v) the effect of liabilities and other claims asserted against the Company including the failure to repay indebtedness or comply with lender covenants including the lack of liquidity to support business operations and the inability to refinance debt, failure to obtain necessary financing or the inability to access the capital markets and/or obtain alternative sources of capital; (vi) changes in the size and nature of the Company's competition; (vii) the loss of one or more key executives; (viii) increased credit risk from customers; (ix) the Company's failure to grow internally or by acquisition or the failure to successfully integrate acquisitions; (x) the Company's failure to improve operating margins and realize cost efficiencies and economies of scale; (xi) the Company's failure to attract, hire and retain quality recruiters, account managers and salesmen; (xii) the Company's failure to recruit qualified candidates to place at customers for contract or full-time hire; (xiii) the adverse impact of geopolitical events, government mandates, natural disasters or health crises, force majeure occurrences, future global pandemics such as COVID-19 or other harmful viral or non-viral rapidly spreading diseases and such other factors as set forth under the heading "Forward-Looking Statements" in the Company's annual reports on Form 10-K, its quarterly reports on Form 10-Q and in the Company's other filings with the Securities and Exchange Commission (SEC). More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to publicly update, revise, or alter its forward-looking statements whether as a result of new information, future events or otherwise.Contact:
GEE Group Inc.
Kim Thorpe
630.954.0400
invest@geegroup.comSOURCE: GEE Group Inc.View the original press release on ACCESS NewswireOriginal: GEE Group Announces Results for the Fiscal 2026 First Quarter Ended December 31, 2025

GEE Group to Hold Investor Conference Call to Discuss 2026 Fiscal First Quarter ResultsFebruary 11, 2026 4:30 PM
ACCESS NewswireJACKSONVILLE, FL / ACCESS Newswire / February 11, 2026 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company", "GEE Group", "us", "our", or "we"), a provider of professional staffing services and human resource solutions, today announced that it will hold an investor webcast/conference call on Friday, February 13, 2026 at 11a.m. EST to review and discuss its December 31, 2025 Fiscal First Quarter results. The Company expects to report those results after the close of business on Thursday, February 12, 2026. The Company's prepared remarks will be posted on its website www.geegroup.com prior to the call.Investor Conference Call/Webcast InformationThe investor conference call will be webcast, and you should pre-register in advance for the event to view and/or listen via the internet by clicking on the link below to join the conference call/webcast from your laptop, tablet or mobile device. Audio will stream through your selected device, so be sure to have headphones or your volume turned up. Questions can be submitted via email after the prepared remarks are delivered with management responding real time. A full replay of the investor conference call/webcast will be available at the same link shortly after the conclusion of the live event.Audience Event Link:https://event.webcasts.com/starthere.jsp?ei=1752873&tp_key=10bc4621dfA confirmatory email will be sent to each registrant to acknowledge a successful registration.About GEE GroupGEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company provides professional staffing services and solutions in information technology, engineering, finance and accounting specialties through the names of Access Data Consulting, Agile Resources, Omni-One, GEE Group Columbus, Hornet Staffing and Paladin Consulting. Also, in the healthcare sector, GEE Group, through its Scribe Solutions brand, staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR). The Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and SNI Certes.Forward-Looking Statements Safe HarborIn addition to historical information, this press release contains statements relating to possible future events and/or the Company's future results (including results of business operations, certain projections, future financial condition, pro forma financial information, and business trends and prospects) that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995 and are subject to the "safe harbor" created by those sections. The statements made in this press release that are not historical facts are forward-looking statements that are predictive in nature and depend upon or refer to future events. These forward-looking statements include, without limitation, anticipated cash flow generation and expected shareholder benefits. Such forward-looking statements often contain, or are prefaced by, words such as "will", "may," "plans," "expects," "anticipates," "projects," "predicts," "pro forma", "estimates," "aims," "believes," "hopes," "potential," "intends," "suggests," "appears," "seeks," or variations of such words or similar words and expressions of future tense. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and, consequently, as a result of a number of factors, the Company's actual results could differ materially from those expressed or implied by such forward-looking statements. The international pandemic, the "Novel Coronavirus" ("COVID-19"), negatively impacted and disrupted the Company's business operations and had a significant negative impact on the global economy and employment in general, resulting in, among other things, a lack of demand for the Company's services. This was exacerbated by government and client directed "quarantines", "remote working", "shut-downs" and "social distancing". Some of these outcomes or by-products of the pandemic have persisted in one form or another since and there is no assurance that conditions will ever fully return to their former pre-pandemic status quo. These and certain other factors that might cause the Company's actual results to differ materially from those in the forward-looking statements include, without limitation: (i) the loss, default or bankruptcy of one or more customers; (ii) changes in general, regional, national or international economic conditions; (iii) an act of war or terrorism, industrial accidents, or cyber security breach that disrupts business; (iv) changes in the law and regulations; (v) the effect of liabilities and other claims asserted against the Company including the failure to repay indebtedness or comply with lender covenants including the lack of liquidity to support business operations and the inability to refinance debt, failure to obtain necessary financing or the inability to access the capital markets and/or obtain alternative sources of capital; (vi) changes in the size and nature of the Company's competition; (vii) the loss of one or more key executives; (viii) increased credit risk from customers; (ix) the Company's failure to grow internally or by acquisition or the failure to successfully integrate acquisitions; (x) the Company's failure to improve operating margins and realize cost efficiencies and economies of scale; (xi) the Company's failure to attract, hire and retain quality recruiters, account managers and salesmen; (xii) the Company's failure to recruit qualified candidates to place at customers for contract or full-time hire; (xiii) the adverse impact of geopolitical events, government mandates, natural disasters or health crises, force majeure occurrences, future global pandemics such as COVID-19 or other harmful viral or non-viral rapidly spreading diseases and such other factors as set forth under the heading "Forward-Looking Statements" in the Company's annual reports on Form 10-K, its quarterly reports on Form 10-Q and in the Company's other filings with the Securities and Exchange Commission (SEC). More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to publicly update, revise, or alter its forward-looking statements whether as a result of new information, future events or otherwise.Contact:
GEE Group Inc.
Kim Thorpe
630.954.0400
invest@geegroup.comSOURCE: GEE Group Inc.View the original press release on ACCESS NewswireOriginal: GEE Group to Hold Investor Conference Call to Discuss 2026 Fiscal First Quarter Results

what now

Staffing companies moving up PIXY STAF let’s go JOB

Ticker Symbol: $JOB
Market Cap: $32.958M
PE Ratio (TTM) 6.06
EPS (TTM) 0.0500
Enterprise Value $13.73M
Trailing P/E 5.81
Forward P/E 2.91
Revenue (ttm) $131.12M
Revenue Per Share (ttm) $1.18
Net Income Avi to Common (ttm) $5.54M
Total Cash (mrq) $21.2M
Total Debt (mrq) $3.61M
Book Value Per Share (mrq) $0.97
Float 68.69M
% Held by Insiders 13.00%
% Held by Institutions 33.38%
50-Day Moving Average $0.3330
200-Day Moving Average $0.4539

Source: Yahoo Finance

Ticker Symbol: $TANH
Market Cap: $5.94M
PE Ratio (TTM) 0.36
EPS (TTM) $2.0200
Revenue (ttm) $47.32M
Revenue Per Share (ttm) 17.10
Net Income Avi to Common (ttm) 5.58M
Total Cash (mrq) $29.09M
Total Debt (mrq) $8.75M
Book Value Per Share (mrq) $34.62
Float 1.04M
% Held by Insiders 24.55%
% Held by Institutions 13.59%
50-Day Moving Average $0.6803
200-Day Moving Average $1.2158

Source: Yahoo Finance

The steady trend up continues. At 80cents, the stock is still half price. Big share buyback will be announced in early January. Should take it up and over $1 in January. $1.50 by May 15th.

The run has begun! I keep right on buying, might pause near $1.20….but I think it goes up and over 2.5

I bought more JOB today. The fundamentals scream deep value. And December is only 4 months away. Should trade up in anticipation. Looking forward to the mid-Aug earnings report as well.

winner

And I keep on buying more and more.

I have now accumulated a large position, it is now free to rise. With no debt, an Ev/ebitda sub 2, it should have an easy run to $1.50+.

The investor webcast today was strong, this should be getting more attention. There's a little risk related to the opportunity for a PPP loan audit, but overall thins are looking strong.

Things should pick up here, in the new economy.

Numbers are in. Looks like a shade under 2 cents normalized, something like .017 I think.

These numbers aren’t really unexpected, and maybe light if anything. Will be interesting to see what the reaction looks like. As well telegraphed as they were I’m not expecting much.

JOB having another good day

It almost seems like this constant reminder about how great the quarter is without any details is building excitement.

Color me surprised, but I’m not complaining.

JOB welp, they sorta preannounced, but they did not get specific on the earnings numbers.

GEE Group Announces Full Forgiveness of $19.9 Million PPP Loans Zero Debt on Pro forma 2021 Year End Balance Sheet....

...its subsidiaries previously received PPP loan forgiveness from the SBA of approximately $3.4 million in aggregate principal and approximately $34,000 in aggregate accrued interest in fiscal year 2021, which was accounted for and/or disclosed in GEE Group's Quarterly Reports on Form 10Q filed with the SEC. On December 14, 2021, the Company and its subsidiaries received notification from PNC that the SBA granted forgiveness of all remaining PPP loans in the aggregate principal amount of approximately $16.5 million plus aggregate accrued interest of approximately $268,000. After giving effect to the aforementioned PPP loan forgiveness, the Company's pro forma balance sheet as of September 30, 2021 would have reflected zero debt. The financial impact of the most recent PPP loan forgiveness will be reflected in GEE Group's results for the first quarter ending December 31, 2021.

.....Dewan further commented, "Later this week, we expect to report outstanding financial results for the fourth quarter and fiscal year ended September 30, 2021. We are very strong financially with approximately $10 million in cash, no outstanding debt ... The hiring environment and demand for the Company's services remains strong in the current quarter and we expect to continue to deliver stellar financial results and create additional value for our shareholders."

I think he should pre-announce Q2 2017 earnings next week.

what would be amazingly funny is if there was another roadshow presentation and dewak said the same shite about preannouncing b/c earnings are so great.....

But it would be funnier if both were late. At this point I’m just hoping for a good laugh.

seems reasonable to me. But even if the pre announced they still could have an NT

OK new game. What do you think the odds are at this point that earnings are actually late and we get an NT filed? I say it’s 50/50.

Sorry to say I’ve dumped a good chunk of what I bought. I’m slightly ahead, and this pumping debacle sans follow through over the last couple weeks has me thinking we are still dealing with the same idiot who nearly bankrupted the company.

I sent a similar note. I didn’t get a response. This silly little fiasco has me looking at this as something to trade and flip. He basically looks like a pumper CEO. Those types of people rarely run a quality business and build shareholder value over the long term.

I can’t think of a counter-example in fact.

Gil I sent that Derek Dewan pfucker an email expressing my disapointment as a GEE group shareholder that there has been no earnings preannouncement in spite of him stating at his November 17 presentation that they'd preannounce strong results in a week; and again, at the Sidoti conference reitterating the same strong results preannouncement talk just seven or eight days ago.

Not that it will do shite, but just for the pfuck of it.

Motherf&^%er.

You’re right I thought the 1.6 was after interest, but it was sans interest. I need to start writing down more instead of just going on memory. So it would be 1.6 plus whatever ebitda is incremental probably about .02.

They had $1.6 mill op income pre interest expense last Q IIRC. I had a little bit less than $600k EBITDA more for this Q (think I was going with around $400k IIRC) but even with $600k wouldn’t that be $2.2 mill op income, or 2 cents EPS?

You make a good point with wages and how that may cause job turnover. I would think taking temp jobs at times with flexibility might put more professional staffing people in the realm of, say, traveling nurses. They sometimes take months long assignments, then take months breaks, then rinse and repeat moving around. Some go hardcore, but many use it almost like a part time job if they can manage without benefits in between assignments.

All IMO only.

My thought on 3 cents was more of a rounding up thing. Figured take op income from last quarter and add say 600k in ebitda and take off 500k in interest and you are there. That would mean they would be rounding that ebitda down. Highly unlikely, but possible I guess.

Personally I think work from home is a good fit for the recruiting side.

First it keeps those employees happy. A lot of people prefer at home work.

Second is the money saving side

Third this is the one group of employees you don’t have to worry about sandbagging working from home. They get paid by producing.

Inflation might come with more gross profit by maintaining gross margins as you suggest, but it’s gross margins on a dollar that’s worth less which is a wash. Also you wind up needing more working capital for the same level of business. Where I see inflation benefiting them is in job turnover. Wages at an existing job are sticky. They don’t give you a 10% raise when market rates go up due to inflation. I would expect with inflation and a labor shortage there will be lots of job hopping and the recruiting side has good margins.

He says it just before the 5 minute mark in last week’s presentation.

I agree and expect some sequential continuation of good numbers with the slight weight of holiday season in upcoming Q although he said it already looks strong and we’re about 3/4 the way thru the Q (even more if include holiday impact).

I also agree the secular trends are well set up for them and glad they started in on some fully virtual offices to blend/augment the base. Less lease space and more supply side virtual employees and recruiters is a good thing if customers are up for it (more and more customers are, due to worker preferences). Wage inflation also looks to be sticky, which should be a net benefit going forward assuming spreads are consistent.

I could see them making about 3 cents this Q only if the $1.2 mill loan forgiveness is rolled in. Otherwise, I’ll stick with my 2 cent estimate. At least we’ll know fairly soon one way or other finally and the gross profit/adjusted EBITDA numbers he gave sounded pretty specific.


Now if only they’d listen to us little shareholders and get a buyback fired up along with some insider buying… I hope people bug them on those 2 points.

All IMO only.

I’ll have to go back and listen to the exact verbiage, but yes that would leave him some wiggle room. I still think 2-3 cents is probably a decent bet for normalized numbers but probably towards the low end of that. To wind up higher they would have to be understating the annual ebitda and rounding down. That just doesn’t seem in character.

The improved interest expense should help the bottom line and they are suggesting some sequential ebitda improvement so I am working on the assumption of improved sequential numbers on a normalized basis.

The exact top line is probably less important than the bottom line anyway. I still see it as more of a 3-6 month trade although the track record was there with acustaff. Their industry tailwinds here should be huge which I really like.

He said they’d be “closer to $150 million” not that they would post $150 mill. The $52 Mill GP sounded more precise and accurate. So did the $12 mill adjusted EBITDA (both those numbers sounded more certain to me).

I still want some decent pressure on them for a buyback and insider buying at these levels. I haven’t tried contacting any of the larger holders yet and was going to see what happens when they finally get numbers out first.
IMO only.

As far as the loan I’m assuming that wouldn’t factor into revenues ebitda or margins. I was figuring a clean .02 to .03 if what he said yesterday is accurate. I really would have liked to hear his take on that acquisition.

I can see pretty clearly why it was a mistake. I wonder if he can.

It would be crazy though to say they are going to report 150 million in revenue and then not do it though wouldn’t it? I mean the quarter has been over for 2 months. Pumpish or not it would take some real balls to not at least hit a number you can round up to that.

The 52 million in gross profit was also awfully specific to not hit it.

One would hope the management team would see the obvious benefits to a share buyback and insiders being pushed to buy shares down here before doing anything else externally structural (like acquisition) to the company.

They do have about 1 cent added to upcoming numbers from the PPP loan they had forgiven (I think $1.3 mill off top of head) if I recall correctly but still think your revs estimate may be a bit high. The CEO does tend to overstate it seems. How can he be 10/10 bullish yet fail to buy shares at 52 week lows, for example.

I’m getting frustrated with the management team though at this point if they don’t get a buyback started and have some insiders start buying. Having the questions screened out by the Sidoti guy didn’t help.

All my opinion only, short on time.

Implied numbers from Sidoto conference

On yesterday's investor conference they suggested annual revenue and gross profit would be 150 million and 52 million respectively

That implies Q4 revenue of 43 million a sequential increase from 38 million in Q3 and gross profit of somewhere around 15 million versus 13.8 million last quarter.

There may be some more SG&A in there for Q4, but they should also lose some interest expense which would hopefully balance that out.

I think that puts them somewhere between 2 and 3 cents EPS for Q4. It wouldn’t surprise me if they got to .0251 and rounded up to .03 in an earnings announcement.

We will see, but he continues to be over the top bullish in investor presentations.

Don’t really care if there is a goodwill write off or something, but being super anxious to release early with still no info while the stock drops on big blocks smells.

I jumped in on the terrific environment for hiring, improving numbers, and bullishness on the last investor presentation.

But perhaps I was wrong and this is the same clown car management team that grossly overpaid for an acquisition and almost bankrupted the company.

The market seems to think so, and it’s making me second guess myself.

Sure not reassuring from mgmt and clearly not building confidence!
It was liquidation galore 40k blocks up to 100k+ just plain BID hits. Feels like some 1 time item in PR coming ugh

And still no earnings release as promised

1st trading hr = 1.4mil + volume

It’s so dumb. Just keeping quiet would have been fine, but if you put it out there you need to follow through.

The results are what they are whether they released last week or next, but I think management has a credibility gap they haven’t fully repaired going back to the SNI acquisition, and culminating with the dilution event.

This is a minor matter, but it doesn’t help rebuild that.

Looks like they dogged it. With the investor call next week, I really would think they’d have it out by then to chat up with potential attendees.

I’m looking at this as a 6-12 month project, not a news event run, but would feel better short term with gaining back some of the lost value this week. They’ll need to work on building investor confidence more moving forward but have time. Hopefully the selling is about done. Seems like selling volume has lightened a bit lately.

All IMO.

I figured they might do it this week to avoid the holiday. Tough week to release earnings as it turns out.

I’ve definitely missed some hours of sleep the last week getting up early thinking they may drop.