GEE Group gains on smaller-than-expected quarterly loss

GEE

16/08/2021 14:24

** Shares of GEE Group Inc  JOB.N  up 9.7% pre-market at 50
cents
    ** The placement services co reports Q3 loss per share of 1
cent against Refinitiv IBES estimates for a loss of 3 cents 
    ** Q3 revenue jumps 43.1% to $38.1 mln, higher than the
forecasts of $34.3 mln 
    ** Co beats earnings estimates in two of three previous
quarters
    ** Stock trades 5.6% below its 50-day moving average of 53
cents per share
    ** Up to Friday's close, stock down ~54% YTD

 (Reporting by Shashank Nayar in Bengaluru)
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