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) has authorized a stock repurchase program allowing up to $8 million of its common stock to be bought back, effective until February 11, 2022. This follows a previous buyback in May 2020, where 2.2 million shares were repurchased for $5 million. CFO Kevin Bostick stated that this program reflects confidence in the company's long-term prospects and the perceived undervaluation of the stock. Share repurchases will occur in compliance with securities laws and may vary based on market conditions.
DHI Group, Inc. (NYSE: DHX) has announced its 2021 calendar of Virtual Career Events, aimed at connecting employers with skilled candidates. These events focus on diversity, specific skillsets, and regional audiences. In 2020, the company conducted 23 virtual events, generating nearly 8,500 chat conversations and achieving a 64% attendance rate. The events benefit both candidates and recruiters, enhancing brand awareness and simplifying the hiring process. Interested parties can register through Dice's platform.
DHI Group, Inc. (NYSE:DHX) reported its fourth-quarter results for 2020, with total revenues of $33.2 million, down 12% year-over-year. Dice revenues decreased by 17% year-over-year, while ClearanceJobs saw a 15% increase. The company recorded a net income of $2.0 million, compared to $3.5 million in Q4 2019, and earnings per diluted share of $0.04. Full-year revenue fell 8% to $136.9 million, with a net loss of $30.0 million, impacted by $37.9 million in non-cash impairment charges. The company anticipates increased revenue in the second half of 2021.
DHI Group, Inc. (NYSE: DHX) has announced the appointment of Kate Swann to its board of directors, effective immediately. Swann, currently the COO at Purpose, brings extensive experience in driving growth within digital technology. She has previously held leadership roles at Blue State Digital and Frog Design. This appointment coincides with the resignation of Carol Carpenter, CMO of VMWare, effective January 31, 2021. With these changes, DHI's board will consist of eight members, seven of whom are independent, enhancing its leadership capabilities.
DHI Group, Inc. (NYSE: DHX) will report its financial results for Q4 and full year 2020 on February 4, 2021, after market close. The results will be discussed in a conference call at 5:00 PM ET, hosted by CEO Art Zeile and CFO Kevin Bostick. A press release will precede the call, available on the Investor Relations section of their website. Interested parties can access the call by dialing the provided numbers, with a replay available until February 11, 2021. DHI Group specializes in career marketplaces, leveraging technology to connect candidates and employers.
DHI Group, Inc. (NYSE: DHX) will present at the Sidoti & Co. Virtual Investor Conference on January 13, 2021, at 12:15 pm ET. CEO Art Zeile and CFO Kevin Bostick will lead the presentation, followed by one-on-one meetings with institutional investors. A webcast will be available on the company's investor relations website, with an audio recording archived after the event. DHI Group specializes in career marketplace software and services across technology sectors globally.
DHI Group, Inc. (NYSE: DHX) announced the appointment of Elizabeth Salomon to its board of directors, enhancing board diversity with her extensive experience in finance and business. Salomon, currently CFO at Xactly, brings over 30 years of expertise, aiming to support the company's growth strategies. She will also join the Audit Committee. The announcement coincides with the resignation of Golnar (Goli) Sheikholeslami, effective December 31, 2020, after eight years of service, leaving the board with eight members, seven of whom are independent.
DHI Group's brand, Dice, has confirmed that 97% of its candidate profiles are legitimate, showcasing the effectiveness of its AI-driven fraud detection processes. This development aims to combat industry-wide issues related to fake profiles. Dice's platform now supports over nine million verified candidates, enhancing the hiring process for tech talent through automation and predictive analytics. The CEO, Art Zeile, emphasized their commitment to tackling fake candidates, asserting that Dice provides the best solution in the market.
DHI Group, Inc. (NYSE: DHX) announces the launch of Instant Messaging on its tech career platform Dice. This feature facilitates direct, transparent interactions between employers and technology professionals, enhancing the recruitment process. Instant Messaging complements existing tools such as Recruiter Profile, which allows recruiters to present their brand and attract talent more effectively. The launch indicates Dice's commitment to improving connections within the tech hiring landscape.
DHI Group, Inc. (NYSE: DHX) will participate in the Sidoti 2020 Virtual Microcap Investor Conference on November 19, 2020. President and CEO Art Zeile, along with CFO Kevin Bostick, will present at 3:15 p.m. ET and hold virtual one-on-one meetings with institutional investors. Investors can schedule meetings via Sidoti representatives or MKR Investor Relations. A webcast of the presentation will be accessible on the DHI investor relations website, with an audio recording archived post-event.
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