Welcome to our dedicated page for DHI Group news (Ticker: DHX), a resource for investors and traders seeking the latest updates and insights on DHI Group stock.
DHI Group, Inc. (NYSE: DHX), formerly known as Dice Holdings, Inc., stands as a prominent provider of specialized websites and services catering to professional communities across various sectors such as technology, security clearance, financial services, energy, healthcare, and hospitality. The company's mission is to empower professionals and organizations to thrive by offering specialized insights and forging relevant connections.
Employers and recruiters leverage DHI Group's platforms to source and hire highly qualified professionals in niche and highly-skilled occupations. Likewise, professionals use these platforms to discover prime employment opportunities and stay informed with the latest news and information pertinent to their fields of expertise.
For nearly 25 years, DHI Group has carved a niche by providing employers and recruiters with efficient access to high-quality, unique professional communities. Simultaneously, it ensures these communities have access to top-tier career opportunities, news, tools, and information.
DHI Group's Brands and Services:
- Dice: A dedicated career hub for technology professionals, enabling recruiters and hiring managers to efficiently find and connect with skilled technologists.
- ClearanceJobs: A specialized platform that connects recruiters with candidates holding active government security clearances, ensuring employers find the right talent for sensitive and classified roles.
The majority of DHI Group's revenue is generated from the sale of recruitment packages. These packages allow customers to promote jobs on their websites and access a comprehensive resume database. Typically, these services are offered through contractual arrangements with flexible payment terms, be it annual, quarterly, or monthly.
Recent achievements and projects at DHI Group highlight its commitment to innovation and efficiency. The company continues to enhance its offerings with artificial intelligence-powered software products and online tools, delivering superior career marketplaces to both candidates and employers on a global scale.
DHI Group, Inc. remains a pivotal player in the recruitment industry, driving forward with a clear focus on connecting specialized talent with the right opportunities. Its continuous adaptation to industry needs and technological advancements keeps it at the forefront of professional community services.
DHI Group, Inc. (NYSE: DHX) reported strong financial results for Q3 2021, with total revenue reaching $30.8 million, a 7% increase sequentially and 13% year-over-year. Total bookings also grew significantly, up 40% from the previous year. The company reduced its loss from continuing operations to $2.4 million ($0.05 per share) compared to a loss of $27.0 million a year ago. Adjusted EBITDA stood at $6.4 million with a margin of 21%. DHI anticipates nearly 20% revenue growth for Q4 2021, driven by robust demand for tech professionals and strong bookings.
DHI Group, Inc. (NYSE: DHX) announced it will report its third-quarter financial results on November 10, 2021, after market close. The report will focus on results for the quarter ended September 30, 2021. Following the release, CEO Art Zeile and CFO Kevin Bostick will host a conference call at 5:00pm ET to discuss the financial outcomes. A replay of the call will be available until November 17, 2021, along with a webcast on the company's website.
DHI Group, Inc. (NYSE: DHX) announced that CEO Art Zeile will present at the 14th Annual LD Micro Main Event Conference on October 13, 2021, at 12:00 pm PT. The event, taking place from October 12-14 in Los Angeles, focuses on micro-cap opportunities in the market. Investors can access a webcast of the presentation via the DHI Group investor relations website. DHI specializes in AI-driven career marketplaces, particularly for technology roles, assisting recruiters and job seekers in connecting based on specific skills.
DHI Group, Inc. (NYSE: DHX) announced a $3 million investment in The Muse, a career platform catering to the next generation workforce. The funds will enhance The Muse's product development and sales to meet rising demand for values-driven employer discovery. This partnership aims to help Dice clients convey their unique culture and attract talented technologists. DHI's CEO highlighted the importance of culture in career choices, while The Muse's CEO expressed enthusiasm for fostering a transparent job search experience for millennials and Gen Z.
DHI Group, Inc. (NYSE: DHX) will host its 2021 virtual investor day on September 8, 2021, at 1:00 p.m. Eastern time. The theme is 'Where Tech Connects; A SaaS Growth Story', featuring presentations from senior management, including Art Zeile (CEO) and Kevin Bostick (CFO). Key topics will cover DHI's new structure, technology-focused career marketplaces, sales growth strategies, and innovation outlook. A real-time Q&A session will conclude the event. Register for the live webcast here.
DHI Group, Inc. (NYSE: DHX) will participate in two investor conferences in August 2021. The company is scheduled for a fireside chat at the Sidoti August Microcap Conference on August 19 at 12:15 PM ET and will have one-on-one meetings with investors. Additionally, DHI will present at the 12th Annual Midwest IDEAS Conference on August 25, with a presentation available at 7:00 AM CT. Investors can schedule meetings or access live webcasts through the company's investor relations webpage.
In Q2 2021, tech job postings surged by 16% nationwide, with 78% of the top 50 tech employers increasing their postings. Emerging tech hubs like Las Vegas and Nashville saw the most significant growth, with Las Vegas leading at 43%. The tech unemployment rate remains low at 2.2%, showcasing the high demand for technologists across various sectors, including tech, defense, healthcare, and finance. Skills such as Python and project management showed notable increases in job postings, reflecting ongoing trends towards skilled tech roles.
DHI Group, Inc. (NYSE:DHX) reported a strong performance in Q2 2021 with total revenue rising to $28.7 million, up 4% year-over-year. Bookings increased significantly by 23% to $27.9 million. However, the company faced a loss from continuing operations of $0.2 million, down from an income of $1.2 million a year ago. Adjusted EBITDA improved to $7.1 million, reflecting a margin of 25%. The company announced a $12 million increase in its stock buyback program, bringing the total to $20 million through June 2022.
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