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DHI Group, Inc. - DHX STOCK NEWS

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.

News
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DHI Group, Inc. (NYSE: DHX) announced the resignation of CFO Kevin Bostick, effective September 1, 2023, to pursue other career opportunities. The company thanks Mr. Bostick for his contributions and has initiated a search for a new CFO. Mr. Bostick will be retained on a consultancy basis until December 31, 2023, to ensure a seamless transition. The company assures shareholders that Bostick's decision does not reflect concerns with the business, financial reporting, internal controls, or disagreement with DHI’s management, operations, or financial practices.
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DHI Group, Inc. (NYSE: DHX) reported its financial results for Q2 2023. Total revenue increased by 4% YoY to $38.5 million. Total bookings decreased by 9% YoY to $32.3 million. Net loss was $0.1 million, compared to net income of $1.5 million in the year-ago quarter. Adjusted Diluted Earnings Per Share for the quarter was $0.02, up from $0.01 in the year-ago quarter. Adjusted EBITDA was $8.7 million, up 12% YoY, with an Adjusted EBITDA Margin of 23%. Cash flow from operations was $8.1 million. Cash was $2.7 million and total debt was $43.0 million at quarter end.
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DHI Group, Inc. announces the appointment of Joe Massaquoi, CFO of H2 Clipper, Inc., to its board of directors. Massaquoi's extensive career in global finance and strategic corporate initiatives is expected to bring value to DHI shareholders.
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New research from Dice shows that 20% of tech professionals are not impressed with their companies' actions related to diversity, equity, and inclusion. Over half of the professionals surveyed want their company to make changes to racial and gender DEI practices. Dissatisfaction among Black tech professionals and women is increasing. Companies need to prioritize DEIB efforts to attract and retain top tech talent.
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DHI Group, Inc. (NYSE: DHX) has launched Dice AutoPen™, an AI-driven tool that simplifies cover letter creation for tech professionals using the Dice mobile app. This innovation leverages OpenAI's ChatGPT technology to generate personalized cover letters, streamlining the job application process. CEOs emphasize the importance of cover letters in recruitment, and Dice aims to enhance the experience for both job seekers and recruiters.

With a history of integrating AI in recruitment, Dice continues to develop advanced features like IntelliSearch, recently patented in 2022. AutoPen™ complements other AI-powered tools, aiming to improve job matches and application quality.

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FAQ

What is the current stock price of DHI Group (DHX)?

The current stock price of DHI Group (DHX) is $1.68 as of November 15, 2024.

What is the market cap of DHI Group (DHX)?

The market cap of DHI Group (DHX) is approximately 80.8M.

What does DHI Group, Inc. specialize in?

DHI Group, Inc. specializes in providing specialized websites and services for professional communities in sectors like technology, security clearance, financial services, energy, healthcare, and hospitality.

How does DHI Group generate revenue?

DHI Group generates the majority of its revenue from the sale of recruitment packages, allowing customers to promote jobs and source candidates through resume databases.

What are the primary brands under DHI Group?

The primary brands under DHI Group are Dice and ClearanceJobs, catering to technology professionals and individuals with government security clearances respectively.

How long has DHI Group been in operation?

DHI Group has been in operation for nearly 25 years, providing employers and professionals with access to specialized career opportunities and communities.

What is the mission of DHI Group, Inc.?

The mission of DHI Group, Inc. is to empower professionals and organizations to compete and succeed through specialized insights and relevant connections.

What types of payment terms are available for DHI Group's recruitment packages?

DHI Group offers flexible payment terms for its recruitment packages, including annual, quarterly, and monthly options.

How do professionals benefit from DHI Group's platforms?

Professionals use DHI Group's platforms to find the best employment opportunities and access timely news and information relevant to their fields.

What recent innovations has DHI Group introduced?

DHI Group has introduced artificial intelligence-powered software and online tools to enhance its career marketplace offerings for candidates and employers globally.

What is the significance of ClearanceJobs under DHI Group?

ClearanceJobs is significant as it connects recruiters with candidates holding active government security clearances, catering to sensitive and classified job roles.

How does DHI Group maintain its market position?

DHI Group maintains its market position by continuously adapting to industry needs, investing in technological advancements, and fostering unique professional communities.

DHI Group, Inc.

NYSE:DHX

DHX Rankings

DHX Stock Data

80.83M
48.33M
15.38%
69.23%
0.37%
Software - Application
Services-business Services, Nec
Link
United States of America
CENTENNIAL