Daily News
View All NewsGeneral Employment revenue falls 16% in fiscal Q2
May 22, 2014
General Employment Enterprises Inc. (NYSE MKT: JOB), an Oakbrook Terrace, Ill.-based staffing provider, reported net revenue fell 15.7 percent to 9.6 million in the company’s second fiscal quarter ended March 31.
General Employment reported a second-quarter net loss of $727,000 compared with a net loss of $826,000 in the year-ago period.
General Employment operates 22 branch offices in 11 states. It provides professional staffing in information technology, engineering and accounting. It also provides light industrial staffing.
Revenue
| Q2 2014 (000s) | Q2 2013 (000s) | % growth | |
| Contract staffing services | 7,858 | 9,364 | -16.1% |
| Direct hire placement services | 1,776 | 2,058 | -13.7% |
| Net revenue | $9,634 | $11,422 | -15.7% |
Net loss
| Q2 2014 (000s) | Q2 2013 (000s) | |
| Net loss | -$727 | -$826 |
Share price and market cap
General Employment shares traded today at about 21 cents and General Employment has a market cap of $4.69 million, according to Yahoo!