DHI Group, Inc. - DHX STOCK NEWS

In Q1 2021, tech job postings surged by 28%, indicating a strong recovery in the tech labor market, according to the Dice Tech Job Report. Over 307,000 positions were open in March alone, with 60% of employers posting more jobs than in the same period last year. Key cities like Richmond, VA and Atlanta, GA experienced significant month-over-month growth. Skills such as machine learning and DevOps remain in high demand, contributing to a positive outlook for tech hiring throughout 2021.

DHI Group, Inc. (NYSE:DHX) reported first-quarter 2021 results, posting total revenues of $32.6 million, a 11% year-over-year decline. Dice revenues reached $19.1 million, down 15% year-over-year, while ClearanceJobs revenues were $7.6 million, marking an 11% increase year-over-year. Net income was $2.7 million, compared to a net loss of $6.6 million last year. Adjusted earnings per share were $0.02, down from $0.03 a year prior. The company aims for revenue growth in the second half of 2021, driven by strong bookings and improved hiring rates.

DHI Group, Inc. (NYSE: DHX) is set to report its financial results for Q1 2021 on May 5, 2021. The announcement will follow market close and a conference call will be hosted by CEO Art Zeile and CFO Kevin Bostick at 5:00 PM ET to discuss the results. Investors can access the call by phone or through a live webcast on the company’s website. A press release will precede the call, available in the Investor Relations section of their site. The replay will be accessible until May 12, 2021.

DHI Group (NYSE: DHX) has launched IntelliSearch Jobs and Alerts under its brand Dice, aimed at enhancing the job search experience for technology professionals. This feature automates job recommendations based on users' skills, boosting application rates by 25% compared to traditional keyword searches. It allows candidates to access job opportunities tailored to their profiles without needing to search actively. The innovation is part of Dice's ongoing development of its tech skills data model, which has evolved over a decade.

The DHI Group, Inc. (NYSE: DHX) announced the launch of its enhanced Candidate Profile on April 6, 2021, through its brand Dice. This revamped profile aims to showcase technologists' skills and career achievements effectively, enhancing their visibility to employers and recruiters. The new features include a skills-based search for recruiters, allowing for real-time communication through Instant Messaging. The rollout is part of Dice's strategy to improve the hiring process by fostering connections between tech professionals and hiring organizations, aiming to reduce the time-to-hire significantly.

DHI Group, Inc. (NYSE: DHX) will participate in the Sidoti & Co. Virtual Investor Conference on March 24-25, 2021. CFO Kevin Bostick is scheduled to present on March 25 at 1:00 pm ET and will conduct one-on-one meetings with institutional investors. A webcast of the presentation will be accessible on the DHI investor relations website, and an audio recording will be available post-event. DHI Group specializes in software products and services for career marketplaces, serving various regions including North America and Europe.

DHI Group, Inc. (NYSE: DHX) announced the launch of ClearanceJobs Meetings, a new integration designed to enhance connections between recruiters and security-cleared candidates. This tool allows recruiters to synchronize their calendars and facilitates seamless scheduling for various meeting formats, effectively reducing missed opportunities. The founder of ClearanceJobs, Evan Lesser, highlighted that Meetings enables a more efficient communication process, fostering valuable interactions amidst pandemic challenges. This development reinforces ClearanceJobs' position as a trusted platform for cleared professionals.

On March 16, 2021, Humantelligence announced a partnership with Dice, a brand of DHI Group (NYSE: DHX), to offer technologists access to a complimentary self-assessment tool that provides insights into their work styles and behaviors. This collaboration aims to enhance career choices for job seekers while fostering better connections between skilled professionals and employers. Humantelligence's self-assessment measures 28 characteristics in about 12 minutes, helping users understand their motivations and improving recruitment processes.

DHI Group, Inc. (NYSE: DHX) announced the release of its 2021 Security Clearance Compensation Report, revealing an average total compensation of $103,199 for security-cleared professionals, a 2% increase from 2019. The defense sector remained stable during the pandemic, largely due to the CARES Act. Despite a decrease in job satisfaction, with only 56% satisfied, 66% of respondents expressed a strong commitment to their national security careers. High-paying roles include business sales ($132,035) and various IT positions, with a total of 20,548 participants surveyed.