DHI Group, Inc. - DHX STOCK NEWS

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.

DHI Group, Inc. (NYSE: DHX) announced its participation in the Winter Wonderland – Best Ideas from the Buy-Side Investor Conference from February 16-19, 2021. CEO Art Zeile and CFO Kevin Bostick will present on February 17 at 2:00 pm PT and will hold one-on-one meetings on February 19. The conference features curated presentations by leading micro-cap buy-side fund managers and offers virtual presentations on February 16-17. Interested investors can register at the event’s website and access a webcast of the presentation on DHI Group's investor relations site.

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.