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General Employment Enterprises Announces Fourth-Quarter and Year-End Results

Market Wire (12/30/15)

General Employment Enterprises Inc. has announced results for the fourth quarter and fiscal year ended Sept. 30, 2015. Fiscal 2015 fourth-quarter revenue was $12.5 million, up 33% from a year ago. Contract staffing services contributed $10.7 million of revenue, up 40.8% from $7.6 million a year ago. Direct placement services contributed $1.8 million, in line with a year ago.

Revenue for the full fiscal year was $43.4 million, up 9% from $39.8 million a year ago. Contract staffing services contributed $36.7 million of revenue, up 12.2% from $32.7 million a year ago. Direct placement services contributed $6.7 million, down 5.6% from $7.1 million a year ago.