STOCK TITAN

Gee Group - JOB STOCK NEWS

Welcome to our dedicated page for Gee Group news (Ticker: JOB), a resource for investors and traders seeking the latest updates and insights on Gee Group stock.

Overview of Gee Group Inc.

Gee Group Inc. (JOB) is a long-standing provider of specialized staffing solutions, with roots dating back to 1893. The company delivers comprehensive human resource and employment solutions across the United States, operating within diverse industry segments. Its services include professional staffing in information technology, engineering, finance, accounting, and office support, as well as commercial staffing. Strategic keywords such as staffing services, human resource strategies, and employment solutions are integrated to highlight its operational focus and market strength.

Business Segments and Service Offerings

The company is structured across two primary segments:

  • Professional Staffing Services: This segment is centered on providing specialized staffing solutions for fields including IT, engineering, finance, and accounting. It caters to organizations looking for both temporary professional placements and direct hire engagements. Under this umbrella, the company operates through well-recognized brands that embody a tradition of excellence and adaptability.
  • Commercial Staffing Services: Focused on serving a broader set of industries, this division offers robust staffing solutions that address the need for contract personnel, particularly in scenarios that require immediate, scalable hiring. The company executes its commercial staffing operations under several brand names, ensuring diverse client engagement and market penetration.

Healthcare and Innovative Staffing Solutions

In addition to its core staffing services, Gee Group Inc. has diversified its portfolio by entering the healthcare staffing sector. Under the Scribe Solutions brand, the company staffs medical scribes who support physicians and healthcare providers in managing documentation related to electronic medical records (EMR). This service is critical in helping healthcare facilities maintain optimal care standards while managing regulatory documentation efficiently.

Brand Portfolio and Market Position

Gee Group Inc. operates through a portfolio of brands, each tailored to specific staffing needs. Notable names include Access Data Consulting, Agile Resources, Ashley Ellis, General Employment, Omni-One, Paladin Consulting, and Triad, along with a suite of SNI brands that span Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and others. This multi-brand strategy not only reinforces its market presence but also provides clients with specialized expertise across various sectors.

Competitive Landscape and Industry Expertise

The company navigates a competitive landscape characterized by broad industry demand for flexible human resource solutions. Its long history, coupled with a comprehensive service slate and brand diversification, positions Gee Group Inc. as a versatile provider capable of adapting to the evolving needs of businesses. The use of industry-specific methodologies and an emphasis on operational excellence underscore its commitment to delivering high-quality staffing solutions tailored to client requirements.

Organizational Strength and Value Proposition

While the staffing industry is subject to cyclical market conditions, Gee Group Inc. emphasizes its ability to provide scalable staffing solutions that cater to both temporary and permanent placement requirements. The company’s value proposition is built on a foundation of nearly one century of staffing expertise, a robust operational framework, and a diverse portfolio that spans critical industry verticals. Its strategic approach and diversified service offerings enable it to effectively manage client needs, even in challenging economic environments.

Understanding the Business Model

At its core, Gee Group Inc. operates as an intermediary between skilled professionals and organizations requiring specialized staffing. The company generates revenue from direct hire placements, temporary professional services, and industrial staffing, supported by a mix of long-term client relationships and a diversified portfolio of brands. Its business model revolves around matching the right talent with precise client needs, ensuring that both employer and candidate expectations are met through a streamlined, efficient process.

This detailed overview is designed to serve as a comprehensive resource for investors, analysts, and industry observers seeking to understand the intricacies of Gee Group Inc.'s operations and market positioning, all while maintaining an evergreen content format applicable for years to come.

Rhea-AI Summary
GEE Group Inc. (JOB) reported a decrease in revenues for the fiscal 2024 first quarter, citing macroeconomic weakness and uncertainties. The company's professional contract services, industrial contract services, and direct hire placement revenues all declined. Gross profit and margins also decreased, leading to a net loss for the quarter. Adjusted EBITDA and free cash flow were down compared to the previous year. The company's cash balance, net working capital, and shareholders' equity were provided, along with information on common share repurchases. Management anticipates continued challenges in the staffing industry for the near future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.32%
Tags
-
Rhea-AI Summary
GEE Group Inc. (NYSE American: JOB) will host an investor webcast/conference call on February 14, 2024, to discuss its Fiscal First Quarter results. The Company plans to release the results on February 13, 2024, and prepared remarks will be available on www.geegroup.com. Investors can pre-register for the event to participate via the provided link.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.67%
Tags
-
Rhea-AI Summary
GEE Group Inc. (JOB) will hold an investor webcast/conference call to discuss its Fiscal First Quarter results on February 14, 2024. The Company expects to report the results on February 13, 2024. Investors can pre-register to join the webcast and submit questions via email.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.67%
Tags
Rhea-AI Summary
GEE Group Inc. (NYSE American:JOB) announced that its SNI Companies subsidiary won Clearly Rated's 2024 Best of Staffing Awards, with Accounting Now, Staffing Now, SNI Financial, and SNI Technology receiving the Best of Staffing Client and Talent 5 Year Diamond Awards for providing superior service for at least five consecutive years. The awards are based on ratings from clients and candidates, showcasing the company's industry-leading satisfaction scores.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.67%
Tags
none
-
Rhea-AI Summary
GEE Group Inc. (NYSE American:JOB) announced consolidated results for the fiscal year and fourth quarter ended September 30, 2023, with revenues of $152.4 million, down 8% from 2022, gross profit of $52.9 million, down 14%, and net income of $9.4 million, down 52%. Cash balance of $22.5 million, borrowing availability of $11.3 million, and net working capital of $30.3 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
Tags
-
Rhea-AI Summary
GEE Group Inc. (NYSE American:JOB) will hold an investor webcast/conference call on December 19, 2023, to review its September 30, 2023 Fiscal Year and Fourth Quarter results. The Company expects to report those results after the close of business on December 18, 2023, with prepared remarks posted on its website www.geegroup.com prior to the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
Tags
Rhea-AI Summary
GEE Group Inc. announces adoption of a Rule 10b5-1 Stock Trading Plan and $20 million Share Repurchase Program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.95%
Tags
buyback
-
Rhea-AI Summary
GEE Group Inc. (NYSE American: JOB) announced the addition of three new directors to the Board and the resignation of a member. The new directors bring diverse skill sets and significant expertise with publicly traded companies. The Company also amended its By-Laws to increase the size of the Board and appointed new directors to fill the vacancies. The new directors include Jyrl James, David Sandberg, and J. Randall Waterfield.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.95%
Tags
management
-
Rhea-AI Summary
GEE Group Inc. appoints two independent directors to the board and reaffirms commitment to strong corporate governance. The cooperation agreement with Red Oak Partners increases the board size and fills newly created vacancies. The company will engage an investment bank or consulting firm to evaluate strategic opportunities. Red Oak Partners has withdrawn its nomination notice and proposals for the 2023 Annual Meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.95%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.95%
Tags

FAQ

What is the current stock price of Gee Group (JOB)?

The current stock price of Gee Group (JOB) is $0.197 as of April 4, 2025.

What is the market cap of Gee Group (JOB)?

The market cap of Gee Group (JOB) is approximately 19.9M.

What services does Gee Group Inc. offer?

Gee Group Inc. provides specialized staffing solutions including professional staffing in IT, engineering, finance, and accounting, as well as commercial staffing and healthcare staffing solutions.

Which brands operate under Gee Group Inc.?

The company operates multiple brands such as Access Data Consulting, Agile Resources, Ashley Ellis, General Employment, Omni-One, Paladin Consulting, Triad, as well as several SNI brands for contract and direct hire services.

How long has Gee Group Inc. been in business?

Gee Group Inc. succeeds a legacy of employment offices that have been operating since 1893, reflecting nearly a century of industry experience.

In which industries does the company specialize?

The company specializes in staffing for industries such as information technology, engineering, finance, accounting, and healthcare, along with commercial staffing for various sectors.

What is the role of Scribe Solutions within Gee Group Inc.?

Scribe Solutions is the healthcare staffing arm of Gee Group Inc., providing medical scribes who support physicians with documentation related to electronic medical records.

How does Gee Group Inc. generate its revenue?

Revenue is generated through a mix of direct hire placements, temporary professional services, industrial staffing, and contract staffing solutions provided under its various brands.

How does the company maintain its competitive position?

By offering diversified staffing services across multiple industry sectors, leveraging a strong brand portfolio, and utilizing a long history of expertise, Gee Group Inc. addresses the unique needs of its clients effectively.

What should investors know about Gee Group Inc.'s business model?

Investors should understand that the company operates as an intermediary that matches skilled professionals with organizational needs, supported by well-defined service lines and a robust operational framework.
Gee Group

NYSE:JOB

JOB Rankings

JOB Stock Data

19.91M
96.19M
12.08%
33.18%
1.2%
Staffing & Employment Services
Services-employment Agencies
Link
United States
JACKSONVILLE