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General Employment revenue rises 7%

May 16, 2013

General Employment Enterprises Inc. (NYSE MKT: JOB), an Oakbrook Terrace, Ill.-based staffing provider, reported net revenue rose 6.7 percent to $13.6 million in its fiscal second quarter ended March 31 from $12.7 million in the year-ago period.

Second-quarter gross margin narrowed to 13.4 percent from 14.7 percent in the year-ago quarter.

General Employment reported a second-quarter net loss of $826,000 compared with a net loss of $515,000 in the year-ago period.

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

General Employment Enterprises Inc. (NYSE MKT: JOB)
For the second quarter ended March 31, 2013, compared with the same period in 2012.
Net revenue: $13.6 million, +6.7 percent
Net loss: $826,000 vs. net loss of $515,000