Revenue: As of FY2026 Q2, the actual value is USD 19.48 M.EPS: As of FY2026 Q2, the actual value is USD 0.EBIT: As of FY2026 Q2, the actual value is USD -107 K.GEE Group Inc. announced its consolidated results for the fiscal 2026 second quarter and year-to-date periods ended March 31, 2026, in a press release dated May 14, 2026, though detailed financial and operational metrics were not included within the initial filing .<h4>Consolidated Revenues</h4>Consolidated revenues for the three months ended March 31, 2026, were $19.5 million, a 20% decrease from the comparable fiscal 2025 period . For the six months ended March 31, 2026, consolidated revenues were $40.0 million, an 18% decrease from the comparable fiscal 2025 period, primarily due to the loss of a higher volume, lower margin contract staffing services account . Without this loss, consolidated revenues would have decreased by 10% for the quarter and 7% for the year-to-date .<h4>Segment Revenue</h4><ul><li>Direct Hire Placement Revenues: These revenues increased by approximately 7% for both the three and six-month periods ended March 31, 2026, reaching $3.2 million and $5.9 million, respectively .</li><li>Contract Staffing Services Revenues: These revenues were $16.3 million for the three months ended March 31, 2026, a 24% decrease from the comparable fiscal 2025 period . For the six months ended March 31, 2026, these revenues were $34.1 million, down 21% from the comparable fiscal 2025 period, mainly due to the loss of a customer that contributed $2.5 million and $5.1 million in revenues during the prior three and six-month periods, respectively .</li></ul><h4>Net Income (Loss) from Continuing Operations</h4>GEE Group Inc. reported net income from continuing operations of $14 thousand for the three months ended March 31, 2026, an improvement from a loss of - $33.0 million for the comparable fiscal 2025 period . For the six months ended March 31, 2026, the net loss from continuing operations was - $136 thousand, improving from - $33.6 million for the comparable fiscal 2025 period . The fiscal 2025 results included $31.8 million in non-cash charges, comprising a $22.0 million goodwill impairment charge and a $9.8 million provision for income taxes .<h4>Adjusted EBITDA (Non-GAAP)</h4>Adjusted EBITDA for the three months ended March 31, 2026, was $108 thousand, improving from - $597 thousand in the comparable fiscal 2025 period . For the six months ended March 31, 2026, Adjusted EBITDA was - $28 thousand, an improvement from - $894 thousand in the comparable fiscal 2025 period .<h4>Gross Margins</h4>Gross margins increased to 38.1% for the three months ended March 31, 2026, and 37.1% for the six months ended March 31, 2026, up from 34.1% and 33.6% in the comparable fiscal 2025 periods, respectively . This improvement is attributed to an increased mix of direct hire placement revenues, higher prices and spreads on certain professional contract services, and the loss of a lower margin contract services account .<h4>Selling, General and Administrative Expenses (SG&amp;A)</h4>SG&amp;A expenses decreased to $7.4 million for the three months ended March 31, 2026, a 20% reduction from the comparable fiscal 2025 period . For the six months ended March 31, 2026, SG&amp;A was $15.1 million, down 15% from the comparable fiscal 2025 period, with cost reduction initiatives contributing approximately $1.3 million and $2.4 million to these decreases, respectively .<h4>Cash Flow</h4>Net cash used in operating activities was - $862 thousand for the six months ended March 31, 2026, an improvement from - $1.1 million for the comparable fiscal 2025 period . GEE Group Inc. generated net cash from operating activities of $332 thousand during the three months ended March 31, 2026 . Free cash flow, including cash flows from discontinued operations, was - $972 thousand for the six months ended March 31, 2026, an improvement from - $1.145 million for the comparable fiscal 2025 period .<h4>Liquidity and Balance Sheet</h4>As of March 31, 2026, cash balances were $20.3 million, and borrowing availability under the bank ABL credit facility was $4.9 million, which remains undrawn . Net working capital stood at $23.8 million, with a current ratio of 4.6 . Shareholders’ equity was $50.0 million, and the Company had zero long-term debt . Net book value per share was $0.46, and net tangible book value per share was $0.23 as of March 31, 2026 .<h4>Outlook / Guidance</h4>GEE Group Inc. is cautiously optimistic about solid and increasing demand for direct hire placements for the remainder of the fiscal year, viewing the improved performance of its direct hire business as a potential leading indicator of stabilizing market conditions . The Company aims to increase job orders for full-time and contingent staffing positions through aggressive business plan adjustments, including pursuing higher margin revenue opportunities and implementing AI tools for efficiency . Furthermore, GEE Group Inc. has filed a Universal Shelf Registration Statement on Form S-3, allowing it to issue up to $100 million in various securities for potential future capital raising, including for M&amp;A or strategic transactions to enhance shareholder value .

GEE | 8-K: FY2026 Q2 Revenue: USD 19.48 M