DHI Group, Inc. - DHX STOCK NEWS

DHI Group, Inc. (NYSE: DHX) reported strong financial results for Q3 2022, with total revenue at $38.5 million, marking a 25% increase year-over-year. Bookings also rose by 19% to $36.5 million. Despite a net loss of $0.9 million, the company improved its Adjusted Diluted EPS to $0.02 from a loss of $0.01 last year. DHI raised its full-year revenue guidance to $148.5 million - $149.5 million, expecting continued growth driven by strong demand for tech professionals. Cash flow from operations was robust at $9.2 million, with total debt at $30 million.

DHI Group, Inc. (NYSE: DHX) will report its third-quarter financial results for the period ending September 30, 2022, on November 2, 2022, after the market closes. A conference call hosted by CEO Art Zeile and CFO Kevin Bostick will take place at 5:00 PM ET to discuss the results. The press release will be available on the Company's website prior to the call. Interested parties can join the call by dialing the appropriate numbers for local or international access. A replay will be accessible until November 9, 2022.

ClearanceJobs, a brand of DHI Group, Inc. (NYSE: DHX), hosted its ClearanceJobs Connect 2022 event in Reston, Virginia, attracting over 200 attendees from the security cleared recruiting community. The event showcased the growing demand for talent in national security, with registration nearly tripling since its debut in 2021. Key speakers included government officials and industry leaders who discussed innovative recruiting strategies and the importance of collaboration in improving security clearance processes. ClearanceJobs aims to connect highly skilled professionals and employers in national security.

DHI Group, Inc. (NYSE: DHX) has been awarded the Great Place to Work Certification™, with 92% of employees affirming it's a great workplace—35 points above the U.S. average. This certification emphasizes employee satisfaction and is critical for recruitment and retention. DHI invests in a flexible work environment, diversity, and mental health programs. The company connects talent in technology roles through its brands, Dice and ClearanceJobs, underlining their commitment to fostering a positive workplace culture that drives innovation and performance.

DHI Group, Inc. (NYSE: DHX) has raised its full-year 2022 revenue guidance to between $148 million and $149 million, reflecting a year-over-year growth of 23% to 24%. The company anticipates third-quarter revenue between $37 million and $38 million, representing a 20% to 23% increase. DHI plans to focus on sales and marketing investments to capture market share, maintaining Adjusted EBITDA margins of approximately 20% while aiming for 20% revenue growth in 2023.

Job postings for tech roles surged 45% from January to June 2022, and 52% compared to the same period in 2021, according to Dice's Tech Job Report. Despite layoffs in tech, demand remains strong, especially in sectors like banking and healthcare. Notably, there was a 60% increase in job postings in June 2022 versus June 2021. Key employers include Amazon, Apple, and Google, with non-tech firms increasing hiring as well. Remote work is driving talent competition across 90% of states, while cloud-related job postings grew 162% year-over-year.

DHI Group, Inc. (NYSE: DHX) announced its participation in two upcoming investor conferences. The Sidoti Micro-Cap Virtual Conference is set for August 18, 2022, at 9:15 AM ET, featuring a formal presentation and one-on-one meetings. The Lake Street 6th Annual Best Ideas Growth Conference will take place on September 14, 2022, at The Yale Club in New York, NY, focusing on one-on-one meetings. CEO Art Zeile and CFO Kevin Bostick will represent the company and a live webcast of the Sidoti presentation will be available on the company's website.

DHI Group, Inc. (NYSE: DHX) announced a virtual investor day scheduled for September 8, 2022, at 1:00 p.m. Eastern time. The event, themed "Where Tech Connects," will feature senior management discussing various topics, including the tech hiring market, sales growth strategies, and the company's financial outlook. Key speakers will include Art Zeile, CEO, and other executives. A live Q&A session will follow the presentations, and questions can be submitted until September 6, 2022. Interested participants can register via DHI's website.

DHI Group, Inc. (NYSE: DHX) reported a strong second quarter with revenue of $37.1 million, up 29% year-over-year. Net income reached $1.5 million, compared to a net loss of $30.2 million in the previous year. The company also increased its full-year revenue guidance to $145-147 million, reflecting 21-23% year-over-year growth. Key highlights include a 27% increase in total bookings and a robust 99% revenue renewal rate for its Dice and ClearanceJobs offerings. DHI anticipates continued growth amid rising demand for tech jobs, with U.S. employers posting 1.6 million tech positions.