PR Newswire (12/08/14)
General Employment Enterprises Inc. reported revenues of $9.4 million for the fiscal fourth quarter of 2014, down 16.8% from $11.3 million in the fiscal fourth quarter of 2013. Contract staffing services generated $7.6 million in revenue, down 22.5% from $9.8 million over the same period. Net income totaled $463,000, compared with a net loss of $916,000 in the year-ago quarter.
For all of fiscal 2014, the company reported $39.8 million in revenues, down 14% from $46.5 million in fiscal 2013. Contract staffing services generated $32.7 million in revenues, down 16.6% from $39.2 million in fiscal 2013. The company reported a net loss of $1.4 million, compared with a net loss of $1.9 million in the prior year.
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