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Dhi Group Inc - DHX STOCK NEWS

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) operates AI-powered career marketplaces serving specialized sectors including technology, security clearance, and healthcare. This news hub provides investors and professionals with centralized access to corporate developments shaping the recruitment technology landscape.

Track official press releases, financial updates, and strategic initiatives through verified sources. Key coverage areas include earnings announcements, platform enhancements, leadership changes, and sector-specific expansions. Our curated feed ensures timely updates on DHX's niche recruitment solutions and market positioning.

Discover how the company's brands like Dice and ClearanceJobs leverage artificial intelligence to refine candidate matching while maintaining compliance with security clearance protocols. Regular updates provide insights into contractual recruitment package innovations and evolving employer needs across technical fields.

Bookmark this page for streamlined monitoring of DHX's operational milestones and industry analysis. Check back frequently to stay informed about developments in specialized talent acquisition and data-driven recruitment strategies.

Rhea-AI Summary

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.

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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.

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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.

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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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DHI Group, Inc. (NYSE: DHX) announced its participation in the Sidoti & Co. Virtual Microcap Conference on May 19-20, 2021. CEO Art Zeile and CFO Kevin Bostick will present on May 19 at 11:30 AM ET and will engage in one-on-one meetings with institutional investors. A webcast will be accessible on the company's investor relations website, with an audio recording available post-event. DHI specializes in career marketplaces via its brands: Dice, ClearanceJobs, and eFinancialCareers, connecting skilled professionals with employers globally.

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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.

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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.

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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.

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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.

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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.

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Dhi Group Inc

NYSE:DHX

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DHX Stock Data

73.86M
40.89M
16.98%
65.61%
0.35%
Software - Application
Services-business Services, Nec
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United States
CENTENNIAL