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0 -0.000259403372243955 -0.000259403372243955 0.0114137483787288 0.00907911802853423 -0.00778210116731518 0.00518806744487664 -0.0272373540856031
Stock impact report

GEE Group Announces Results for the Fiscal 2024 First Quarter [Yahoo! Finance]

GEE Group Inc. (JOB) 
NASDAQ:AMEX Investor Relations: ir.geegroup.com
Company Research Source: Yahoo! Finance
the "Company," "GEE Group," "us," "our" or "we"), a provider of professional staffing services and human resource solutions, today announced consolidated results for the fiscal 2024 first quarter ended December 31, 2023. All amounts presented herein are consolidated or derived from consolidated amounts, and are rounded and represent approximations, accordingly. Fiscal 2024 First Quarter versus Fiscal 2023 First Quarter Highlights Revenues for the fiscal 2024 first quarter were $30.6 million, down $10.5 million, or 26%, compared with the fiscal 2023 first quarter revenues of $41.1 million. The decrease in consolidated revenues was mainly attributable to the continuation of macroeconomic weakness and uncertainties, including persistent inflation, threat of recession, interest rate volatility and layoffs in the information technology sector. These factors resulted in the postponement or termination of various client projects and the hiring of personnel all of which negatively impacte Show less Read more
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