Dhi Group Inc - DHX STOCK NEWS

DHI Group (NYSE: DHX) has announced the expansion of ClearanceJobs' Staffing Solutions offering, enhancing its career marketplace for security-cleared professionals. The service provides comprehensive hiring support including Recruitment Process Outsourcing (RPO), direct hire, and veteran hiring programs for defense and aerospace organizations.

The expanded solution features a dedicated U.S.-based recruiting team with an average of 16 years of cleared hiring experience, access to Top Secret and Full Scope Polygraph candidates nationwide, and custom hiring strategies built on 20 years of labor market data. The service offers flexible pricing models based on service level, placement type, and required skills.

ClearanceJobs, founded in 2002, operates as a secure platform connecting cleared professionals with employers in the national security sector, with offices in Colorado and Iowa.

Dice (NYSE: DHX) has expanded its Talent Solutions offering to include contract tech talent sourcing and screening services, particularly focusing on high-demand fields like AI, cybersecurity, and cloud computing. This strategic expansion addresses critical market needs, as 71% of organizations struggle to find qualified tech talent according to Staffing Industry Analysts.

The enhanced service offers key benefits including: a dedicated recruitment team for sourcing and vetting, access to a tech-exclusive talent network, fast candidate shortlisting, and end-to-end support through partnership with myBasePay for contract hire management. Companies only pay for successful placements, while ongoing sourcing needs are available for a flat fee.

The expansion aims to help organizations stay agile in the evolving tech landscape by leveraging Dice's extensive database of tech professionals and over 30 years of jobs data to facilitate smarter hiring decisions.

DHI Group (NYSE: DHX) has released its 2025 Security Clearance Compensation Report through ClearanceJobs, revealing significant growth in security-cleared professional compensation. The average salary reached an all-time high of $119,131, marking a nearly 4% increase in 2025.

Key findings show that 68% of professionals received salary increases, with about one-seventh seeing 10%+ raises. Professionals with Lifestyle or Full Scope Polygraphs earned an average of $141,299. Virginia leads state compensation at $131,612, followed by Maryland ($130,878) and Colorado ($126,936). The Intelligence Community tops sector earnings, with CIA professionals averaging $159,350.

Despite strong compensation and stability, 83% of professionals are considering job changes in the next year, with 67% citing higher pay as their primary motivation for workplace satisfaction.

DHI Group (NYSE: DHX) reported its Q4 and full-year 2024 financial results. In Q4, total revenue decreased 7% YoY to $34.8 million, with ClearanceJobs revenue growing 7% to $13.8 million while Dice revenue declined 14% to $21.0 million. Q4 net income was $1.0 million ($0.02 per share), down from $2.1 million ($0.05 per share) in the previous year.

For full-year 2024, total revenue fell 7% to $141.9 million. ClearanceJobs revenue increased 8% to $54.1 million, while Dice revenue dropped 14% to $87.8 million. Full-year net income was $0.3 million ($0.01 per share), compared to $3.5 million ($0.08 per share) in 2023. The company projects 2025 revenue between $131-135 million with Q1 revenue expected at $32-33 million, targeting an Adjusted EBITDA margin of 24%.

DHI Group, Inc. (NYSE: DHX) has announced two key executive appointments approved by its board of directors. Greg Schippers, who has been serving as Interim CFO since November 2024, has been appointed as Chief Financial Officer. Schippers, who joined DHI in 2014 as VP of Finance and Controller, will oversee financial planning, accounting, reporting, investor relations, treasury, internal audit, and tax.

Jack Connolly, who has served as General Counsel since May 2023, has been appointed as Chief Legal Officer. Connolly, who joined DHI in 2018, will manage legal affairs including IP, M&A, strategic alliances, corporate securities, litigation, employment law, and data privacy. Both appointments become effective January 28, 2025, making both executives subject to Section 16a of the Securities Exchange Act of 1934.

DHI Group (NYSE: DHX) has announced the formation of the ClearanceJobs Policy Advisory Board, strengthening its position in the national security workforce sector. The board comprises distinguished experts including William Evanina (former NCSC Director), Ellen McCarthy (former Assistant Secretary of State for INR), Jamie Jones Miller (former Principal Deputy Assistant Secretary of Defense), and Charles Phalen (former Acting Director of DCSA).

The board's establishment aims to enhance ClearanceJobs' role in addressing federal government challenges in recruiting and retaining cleared professionals. As the leading online career platform for security-cleared professionals, ClearanceJobs will leverage the board's expertise to advance solutions for federal agencies and the cleared professional community.

Founded in 2002, ClearanceJobs operates as a secure marketplace connecting security-cleared professionals with employers in the national security sector, offering features such as instant messaging and company branding capabilities.

DHI Group (NYSE: DHX) has implemented a shareholder rights plan to protect approximately $109 million in net capital loss carryforwards (Carryforwards) as of September 30, 2024. The plan aims to prevent an 'ownership change' under Section 382 of the Internal Revenue Code by deterring any person or group from acquiring 4.99% or more of DHI's outstanding common stock without Board approval.

The company will distribute one 'right' per outstanding share to stockholders of record by February 7, 2025. If triggered, rights holders can purchase additional shares at a 50% discount, except for the triggering person. The plan expires on January 28, 2028, unless stockholders fail to ratify it at the 2025 Annual Meeting.

DHI Group (NYSE: DHX) has announced it will release its fourth quarter and full year 2024 financial results on Wednesday, February 5, 2025, after market close. The company will host a conference call and webcast at 5:00pm Eastern time, led by President and CEO Art Zeile and Interim CFO Greg Schippers.

Participants can access the call by dialing +1-844-890-1790 (US) or +1-412-380-7407 (international). A replay will be available until February 12, 2025. DHI Group operates AI-powered career marketplaces focusing on technology roles through its brands Dice and ClearanceJobs, featuring a patented algorithm that manages over 100,000 unique technology skills.

DHI Group (NYSE: DHX) has announced a new stock repurchase program authorized by its Board of Directors, allowing for the repurchase of up to $5 million of the company's common stock. The program will be effective from February 10, 2025 through February 9, 2026.

Management will have discretion over the conditions of share purchases, including block trades. The repurchases will be conducted through open market, private transactions, or other means, with timing, price, and structure at the company's sole discretion. The authorization doesn't obligate DHI to acquire any specific amount of shares, and the program can be suspended, modified, or terminated by the Board at any time.

Greg Schippers, Interim CFO, stated the program reflects confidence in the company's strategic priorities and business strength, noting they will monitor the program considering capital market and economic changes.