DHI Group, Inc. - DHX STOCK NEWS

ClearanceJobs, a DHI Group (NYSE: DHX) brand and the largest online community for cleared cyber talent, has been recognized by the White House for its commitment to skills-based hiring in cybersecurity. The recognition was announced during a presentation by National Cyber Director Harry Coker as part of the Biden-Harris Administration's National Cyber Workforce and Education Strategy.

The platform registered over 6,000 new IT professionals, including 1,500 cybersecurity specialists in October. ClearanceJobs is launching new initiatives including a video series highlighting 250+ cyber skills-based positions, weekly articles, bi-weekly livestreams, and targeted email campaigns for professionals with cyber critical skills but without college degrees.

This recognition aligns with White House efforts to develop locally-driven ecosystems connecting professionals with cybersecurity careers through partnerships between employers, academia, non-profits, and governments.

DHI Group reported Q3 2024 financial results with total revenue of $35.3 million, down 6% year over year. ClearanceJobs revenue grew 6% to $13.4 million, while Dice revenue declined 12% to $21.9 million. The company posted a net loss of $0.2 million ($0.00 per share) compared to net income of $1.0 million ($0.02 per share) in Q3 2023. Adjusted EBITDA was $8.6 million with a 24% margin. The company expects Q4 bookings to decline 8-10% year over year and revenue to decrease 7-8%. Additionally, CFO Raime Leeby will step down effective November 15, 2024, with Greg Schippers appointed as Interim CFO.

DHI Group (NYSE: DHX) announced it will report its third quarter 2024 financial results on November 12, 2024, after market close. President and CEO Art Zeile and CFO Raime Leeby will host a conference call and webcast at 5:00pm Eastern time. DHI Group operates AI-powered career marketplaces Dice and ClearanceJobs, focusing on technology roles with a patented algorithm managing over 100,000 unique technology skills.

DHI Group, Inc. (NYSE: DHX) has been ranked #49 on Newsweek's List of the Top 200 America's Most Loved Workplaces for 2024. This recognition, developed by Most Loved Workplace®, a division of Best Practice Institute (BPI), reflects the company's commitment to creating a workplace that employees love. The list, now in its fourth year, has expanded to include 200 companies, highlighting the growing emphasis on employee sentiment and satisfaction.

The ranking was determined through a survey of over 2.6 million employees from various-sized businesses. Key areas measured included employees' feelings about their future at the company, career achievement, alignment of employer and employee values, respect at all levels, and collaboration. Art Zeile, CEO of DHI Group, emphasized the company's focus on investing in employee growth and wellbeing as important to their success.

The methodology for determining the rankings involved a combination of employee responses, company interviews, and analysis of external public ratings from sites like Comparably, Careerbliss, Glassdoor, Indeed, and Google.

Dice's 2024 Tech Sentiment Report reveals mixed sentiments among tech professionals. Despite only 31% feeling optimistic about the economy, 80% expect industry growth in the next five years. Key findings include:

1. Remote work remains crucial, with 90% considering it important when evaluating job opportunities.

2. 67% of tech professionals are considering job changes, driven by burnout and toxic work environments.

3. AI professionals report higher job satisfaction and better work-life balance.

4. 70% of HR professionals anticipate increased tech hiring, particularly in AI and machine learning.

5. Compensation remains a top motivator, with 76% of tech professionals taking on side gigs for extra income.

DHI Group, Inc. (NYSE: DHX) reported its Q2 2024 financial results. Total revenue decreased 7% year-over-year to $35.8 million. ClearanceJobs revenue grew 8% to $13.3 million, while Dice revenue fell 14% to $22.6 million. The company reported a net income of $0.9 million, or $0.02 per diluted share, compared to a net loss in the previous year. Adjusted EBITDA increased 3% to $9.0 million, with a margin of 25%.

Despite ongoing economic uncertainty, DHI Group sees signs of improvement in tech job postings and growing AI-related demand. The company updated its guidance, expecting Q3 bookings to decline 4-6% year-over-year and full-year revenue to decrease in the mid-single-digit percentage range. DHI Group aims for a 24% Adjusted EBITDA margin for the full year 2024.

DHI Group, Inc. (NYSE: DHX) has announced it will report its second quarter 2024 financial results on August 7, 2024, after market close. The company will host a conference call and webcast at 5:00pm Eastern time to discuss the results. Art Zeile, President and CEO, and Raime Leeby, CFO, will lead the call.

Investors can access the call by dialing +1-844-890-1790 (US) or +1-412-380-7407 (international). A live webcast and replay will be available on the company's website. DHI Group operates AI-powered career marketplaces for technology roles through its brands Dice and ClearanceJobs, using a patented algorithm to manage over 100,000 unique technology skills.

DHI Group (NYSE: DHX) announced that its platform, ClearanceJobs, has partnered with the U.S. Department of Labor’s Employment Navigator and Partnership Program (ENPP). This initiative supports transitioning service members and their spouses by connecting them with job resources as they plan for civilian careers. Veterans can retain their security clearances for three years post-service, making them valuable to employers. ClearanceJobs aims to bridge the gap between military and civilian employment, aiding in national security roles. The partnership highlights ClearanceJobs’ commitment to helping veterans transition smoothly and effectively into civilian employment.

DHI Group, Inc. reported financial results for the first quarter of 2024, showing a decrease in total revenue and bookings year over year. The net loss was $1.5 million, with a negative $0.03 per diluted share. However, adjusted EBITDA increased by 6%, and cash flow from operations improved. The company remains optimistic about tech job postings increasing and plans to focus on sustainable revenue growth.