GEE Group Inc. announced fiscal 2026 first quarter results with consolidated revenues of $20.5 million, a 15% decrease year-over-year, and a net loss from continuing operations of $(150) thousand, an improvement from $(684) thousand in the prior year period. The company reported a strong liquidity position with $20.1 million in cash and zero long-term debt as of December 31, 2025.
Key takeaways
Consolidated revenues for the fiscal 2026 first quarter were $20.5 million, down 15% from the comparable fiscal 2025 first quarter.
Loss from continuing operations improved to $(150) thousand, or $(0.00) per diluted share, compared to $(684) thousand, or $(0.01) per diluted share, in the prior year period.
Gross margin improved to 36.1% for the quarter ended December 31, 2025, compared to 33.0% for the same period last year.
The company maintains a strong liquidity position with $20.1 million in cash and zero long-term debt as of December 31, 2025.
Adjusted EBITDA improved to $(97) thousand for the fiscal 2026 first quarter from $(304) thousand in the comparable fiscal 2025 first quarter.
Management noted the loss of a larger customer account contributed $2.6 million to the revenue decline.