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View All NewsGeneral Employment Revenue Jumps 114%
Revenue at General Employment Enterprises Inc. (AMEX: JOB), an Oakbrook Terrace, Ill.-based staffing provider, jumped to $12.8 million in the company’s fiscal first quarter ended Dec. 31, 2011, an increase of 114.0 percent from $6.0 million in the year-ago period.
The increase was attributed to the acquisitions of RFFG Cleveland LLC and DMCC Staffing LLC in November 2010 as well as a 103 percent increase in direct hire placement services due to increased demand.
The company reported first-quarter net income of $23,000, a 53.3 percent increase compared with net income of $15,000 in the year-ago period.
General Employment Enterprises Inc. (AMEX: JOB)
For the first quarter ended Dec. 31, 2011, compared with the same period in 2010.
Revenue: $12.8 million, +114.0 percent
Net income: $23,000, +53.3 percent

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