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General Employment Revenue Rises 18%

August 15, 2012

General Employment Enterprises Inc. (AMEX: JOB), an Oakbrook Terrace, Ill.-based staffing provider, reported revenue rose 18.3 percent to $13.9 million in its fiscal third quarter from $11.7 million in the year-ago period.

Third-quarter gross margin rose to 27.2 percent from 22.8 percent in the year-ago period.

General Employment reported third-quarter net income of $79,000, a 64.4 percent decrease from $222,000 posted in the year-ago period.

The company provides information technology, engineering, finance/accounting, agriculture and light industrial staffing.

General Employment Enterprises Inc. (AMEX: JOB)
For the fiscal third quarter ended June 30, 2012, compared with the year-ago period.
Revenue: $13.9 million, +18.3 percent
Net income: $79,000, -64.4 percent