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) 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.
DHI Group, Inc. (NYSE: DHX) announced that Art Zeile, CEO, will present at the CIO 100 Symposium on October 6, 2020, at 2:20 PM ET. Joined by Paul Farnsworth, CTO, they will discuss Remote Working: Critical for Building a High Performing Tech Organization. Key insights reveal that less than 20% of technologists prefer full-time office work, highlighting shifts in job priorities post-COVID-19. The discussion will provide actionable advice for employers enhancing remote work environments.
DHI Group, Inc. (NYSE: DHX) released The Financial Services Tech Job Report, highlighting technology job trends in financial services during the first seven months of 2020. Despite COVID-19 challenges, tech hiring in the U.S. remained positive, with a year-on-year increase in job postings for roles like .NET Developer (49%) and Application Support Engineer (37%). Key cities like Pittsburgh and Philadelphia saw significant growth (69% and 63%, respectively). The report emphasizes the ongoing demand for tech professionals in financial institutions, particularly in systems engineering and cloud computing.
DHI Group, Inc. (NYSE: DHX) reported Q2 2020 revenues of $33.8 million, a 10% decline year-over-year. Dice revenues fell 12% to $20.5 million, while ClearanceJobs saw an 18% increase to $7.1 million. Net income dropped to $1.9 million or $0.04 per share from $3.1 million last year. Adjusted EBITDA was $7.8 million with a 23% margin, down from 24% last year. Despite market challenges due to COVID-19, DHI continues to enhance its product offerings and expects to capitalize on recovering job postings for tech roles.
FAQ
What is the current stock price of DHI Group (DHX)?
What is the market cap of DHI Group (DHX)?
What does DHI Group, Inc. specialize in?
How does DHI Group generate revenue?
What are the primary brands under DHI Group?
How long has DHI Group been in operation?
What is the mission of DHI Group, Inc.?
What types of payment terms are available for DHI Group's recruitment packages?
How do professionals benefit from DHI Group's platforms?
What recent innovations has DHI Group introduced?
What is the significance of ClearanceJobs under DHI Group?
How does DHI Group maintain its market position?
