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 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.
The Dice Q3 Tech Job Report, released by DHI Group (NYSE: DHX), indicates a potential stabilization in technology hiring despite the disruptions caused by the pandemic. Notably, over 68% of the top 50 employers increased job postings. While tech job postings decreased by 7% from Q2 to Q3, they remained stable between August and September. The tech unemployment rate stands at 2.8% while senior-level roles surged. Cities like New York and San Francisco lead in job postings, highlighting significant recovery signs in the tech sector.
DHI Group, Inc. (NYSE:DHX) reported third-quarter 2020 financial results, with total revenues of $33.3 million, reflecting an 11% year-over-year decline. Dice revenues fell 13%, while ClearanceJobs grew 16%. A net loss of $27.3 million included $29.3 million in non-cash charges, contrasting with a net income of $4.4 million in the previous year. Adjusted EBITDA was $7.6 million with a 23% margin. CEO Art Zeile highlighted a positive shift in job market sentiment in September, forecasting a rebound in IT staffing by 2021. The company remains committed to strategic investments despite current challenges.
DHI Group, Inc. (NYSE: DHX) announced it will report its third-quarter financial results for the period ending September 30, 2020, on November 4, 2020, after market close. President and CEO Art Zeile, along with CFO Kevin Bostick, will host a conference call at 5:00 PM ET to discuss these results. Interested parties can access the call by dialing +1-844-890-1790 or using the international number +1-412-380-7407. A replay will be available until November 11, 2020.