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Last $0.80 USD
Change Today -0.0702 / -8.07%
Volume 15.1K
As of 6:40 PM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

general employment enterpris (JOB) Snapshot

Previous Close
Day High
Day Low
52 Week High
12/26/14 - $1.87
52 Week Low
11/3/14 - $0.12
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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general employment enterpris (JOB) Details

General Employment Enterprises, Inc. provides staffing services in the United States. The company offers professional placement services comprising placement of information technology, engineering, and accounting professionals on regular placement basis or a temporary contract basis; and weekly temporary staffing for light industrial clients. It markets its services under the General Employment Enterprises, Omni One, Business Management Personnel, Ashley Ellis, Triad Personnel Services, Triad Staffing, Generation Technologies, BMCH, and BMCHPA trade names. The company was founded in 1893 and is headquartered in Naperville, Illinois.

140 Employees
Last Reported Date: 12/22/14
Founded in 1893

general employment enterpris (JOB) Top Compensated Officers

Chief Financial Officer and Director
Total Annual Compensation: $254.2K
Compensation as of Fiscal Year 2014.

general employment enterpris (JOB) Key Developments

General Employment Enterprises Inc. Announces Management Changes

General Employment Enterprises Inc. (General Employment) announced that it has closed the transaction with Scribe Solutions Inc. (Scribe), whereby General Employment issued Series A Convertible Preferred Stock of the company in exchange for 100% of Scribe Solutions' common stock. Scribe Solutions Inc. will now operate as a wholly owned subsidiary of General Employment Enterprises Inc. Derek Dewan, former Chairman and Chief Executive Officer (CEO) of Scribe Solutions Inc. has been elected Chairman of the Board of Directors and CEO of General Employment effective April 1, 2015. Mr. Dewan was previously Chairman and CEO of MPS Group Inc. In addition to Dewan joining the General Employment management team and board from Scribe, Alex Stuckey joins the company as President and Chief Operating Officer (COO) effective April 1, 2015. Stuckey was the President and COO of Scribe Solutions Inc. Additionally, Mary Claire Menze, current Executive Vice President at Scribe and its founder will assume her previous role as President of Scribe. She will work with the General Employment management team to grow the Company's staffing and solutions business in the healthcare space. Andrew Norstrud, current Chief Executive Officer of the company, will continue as Chief Financial Officer (CFO) of General Employment and Michael Schroering has resigned from the General Employment Board of Directors effective April 1, 2015.

General Employment Enterprises Inc. Announces Financial Results for First Quarter Ended December 31, 2014

General Employment Enterprises Inc. announced financial results for first quarter ended December 31, 2014. The company reported net revenues of $9.7 million for the fiscal 2015 first quarter ended December 31, 2014 as compared to net revenues of $10.8 million in the same period of fiscal 2014. The decline in revenue was partially due to the closing of two unprofitable offices in the light industrial contract services division, which had the positive result of improved overall profitability in that division. General Employment recorded a loss from operations of approximately $145,000 in the first quarter of fiscal 2015 compared to a loss from operations of approximately $107,000 in the first quarter of fiscal 2014. Non-GAAP net loss for the 2015 first quarter, before giving effect to a loss on a change in derivative liability, was approximately $292,000 compared to a non-GAAP net loss of approximately $227,000 for the 2014 prior year first quarter. Non-GAAP Adjusted EBITDA for the first quarter of fiscal 2015 was approximately $29,000 versus $20,000 for the first quarter of fiscal 2014. GAAP net loss was $3,407,000 against $227,000 a year ago.

General Employment Enterprises Seeks Acquisitions

General Employment Enterprises Inc. (AMEX:JOB) is seeking acquisitions. Andrew J. Norstrud, Chief Executive Officer of General Employment, said "We have identified several select companies that will help us to continue our momentum toward moving into higher margin businesses."


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