Dhi Group Inc Stock Price, News & Analysis

DHI Group, Inc. (NYSE: DHX) reported strong first-quarter 2022 results, with total revenue of $34.3 million, a 29% increase year over year. Total bookings rose 32% to $50.7 million. However, income from continuing operations declined to $1.3 million or $0.03 per diluted share, down from $2.0 million or $0.04 per diluted share in the year-ago period. The company added 245 new customers for Dice and reported strong demand in tech job postings, indicating robust market growth. Financial guidance expects second-quarter revenue between $35.0 million and $36.0 million.

DHI Group, Inc. (NYSE: DHX) will report its first quarter 2022 financial results on May 4, 2022, after market close. CEO Art Zeile and CFO Kevin Bostick will host a conference call at 5:00 PM ET to discuss the results. The press release with detailed financials will be available on the Company's website prior to the call. Interested parties can access the call via phone or live webcast. A replay will also be available until May 11, 2022.

DHI provides AI-powered career marketplaces focusing on technology roles through brands like Dice and ClearanceJobs.

DHI Group's brand, Dice, has launched a new feature called Time Zone Search within its TalentSearch™ platform. This tool enables recruiters to locate tech professionals based on their availability within specific time zones, addressing the growing trend of remote and flexible work.

Reflective of changes since the pandemic, the feature enhances recruitment efficiency and adaptability. Dice reports a 105% year-over-year increase in remote job postings in January 2022, responding to workers' preferences for flexible work environments.

DHI Group, Inc. (NYSE: DHX) announced the release of its 2022 Security Clearance Compensation Report, indicating that the average total compensation for security clearance professionals was $101,395 in 2021. The report highlights a demographic shift in the cleared workforce, showing a 6% decrease in baby boomers and a corresponding increase in millennials. Technical roles now command higher salaries, with IT-Software professionals earning an average of $129,756. The report also notes a growing trend towards remote work options within the national security sector.

DHI Group, Inc. (NYSE: DHX) announced a new stock repurchase program allowing the buyback of up to $15 million of its common stock, following the completion of a previous $20 million program. The new initiative is effective immediately and will run through February 2023. This decision reflects the management's confidence in the company's future growth and the perception that the stock is undervalued. The repurchase will occur in the open market or via private transactions, depending on market conditions.

DHI Group, Inc. (NYSE: DHX) reported Q4 2021 revenue of $33.7 million, a 25% increase year-over-year. Bookings also rose by 35% to $36.2 million. Net income for the quarter was $0.2 million compared to $2.0 million the previous year. For the full year, total revenue reached $119.9 million, marking an 8% increase, while cash flow from operations was $28.6 million. The company anticipates Q1 2022 revenue between $32.0 million and $33.0 million, reflecting 20-23% growth year-over-year. DHI aims to maintain Adjusted EBITDA margins near 20% throughout 2022.

DHI Group, Inc. (NYSE: DHX) will announce its financial results for Q4 and FY 2021 on February 8, 2022, after market close. CEO Art Zeile and CFO Kevin Bostick will host a conference call at 5:00 PM ET to discuss these results. The press release will be available on the company's Investor Relations website. Investors can access the call at +1-844-890-1790 or via a live webcast. A replay will be available until February 15, 2022, using the provided dial-in details.

Tech career marketplace Dice, under DHI Group (NYSE: DHX), announced in its 2022 Tech Salary Report that average tech salaries have hit an all-time high of $104,566, marking a 6.9% increase from the previous year. The report indicates significant salary growth in both established tech hubs like Seattle (+11.2%) and emerging markets such as Atlanta (+13.9%). The survey reflects insights from over 7,200 technologists, revealing gaps between the desired and received benefits, particularly in flexibility and childcare options.

DHI Group, Inc. (NYSE: DHX) will participate in the Sidoti & Company Winter Small Cap Virtual Investor Conference on January 19, 2022, at 1:45 PM ET. CEO Art Zeile and CFO Kevin Bostick will present and engage with investors throughout the event. A webcast of the presentation will be accessible on the DHI Group investor relations website, and an audio recording will be available post-event.

DHI Group specializes in AI-powered career marketplaces for technology roles, managing over 100,000 unique technology skills through its brands, Dice and ClearanceJobs.