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) 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.
DHI Group, Inc. (NYSE: DHX) will report its financial results for Q2 ended June 30, 2021, on August 5, 2021, post-market. The results will be discussed in a conference call at 5:00 PM ET, led by CEO Art Zeile and CFO Kevin Bostick. Investors can participate by calling +1-844-890-1790, with international access at +1-412-380-7407. A webcast will also be available on the company's website. Replays of the call will be accessible until August 12, 2021.
DHI Group, Inc. (NYSE: DHX) announced on July 1, 2021, the transfer of majority ownership of its eFinancialCareers (eFC) business to its management team, retaining a 40% equity interest. This shift allows DHI to concentrate on the U.S. technology career marketplace via its brands, Dice and ClearanceJobs. CEO Art Zeile stated that this strategic focus, alongside strong revenue trends, will enhance long-term value for stakeholders. CFO Kevin Bostick indicated expected total revenue growth for Q2 2021, following the spinoff.
DHI Group, Inc. (NYSE: DHX) announced a significant expansion of its stock buyback program, now totaling $20 million. Authorized by the Board of Directors, this includes an additional $12 million, following a prior $8 million authorization in February 2021, with around $1.3 million already utilized. The program aims to enhance shareholder value and reflects confidence in the company's future. Repurchases may commence or cease based on market conditions and will be effective until June 2022.
The 2021 Technologist Sentiment Report by Dice reveals a strong preference among tech workers for hybrid and remote working models. Only 17% of technologists favor full-time office work, while 59% prefer working remotely or in a hybrid setup. The desire for full remote work has dropped from 41% in Q4 2020 to 29% in Q2 2021. Although overall job satisfaction has risen, 48% of technologists are considering changing jobs this year, up from 40% in the previous quarter. The report highlights key insights for employers aiming to attract top talent.
DHI Group, Inc. (NYSE: DHX) will participate in the Summer Solstice Best Ideas from the Buy Side Conference on June 2, 2021, at 1:30 PM ET. CEO Art Zeile and CFO Kevin Bostick will present and host one-on-one meetings with investors. A webcast of the presentation will be accessible on their investor relations website, with an audio recording available afterward. DHI Group offers software solutions and career marketplaces through its brands — Dice, ClearanceJobs, and eFinancialCareers — across multiple global markets.
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