DHI Group, Inc. - DHX STOCK NEWS

Dice, a brand of DHI Group (NYSE: DHX), has released its 2021 Tech Salary Report, revealing that the average U.S. technology salary rose to $97,859, a 3.6% increase from 2019. The report, based on a survey of over 9,000 technologists, highlights significant salary growth in data-related roles and emerging tech hubs. New York City's average salary reached $114,274 (+11.6%), while Silicon Valley remains the highest at $126,801. Notably, cybersecurity analysts saw the largest growth of 16.3%, reflecting the increasing demand for tech professionals.

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.