Dhi Group Inc Stock Price, News & Analysis

DHI Group, Inc. (NYSE: DHX) announced that the United States Patent & Trademark Office has issued a patent for the taxonomy used in its Dice service. This technology helps job seekers find relevant positions and assists employers in locating qualified candidates efficiently. The patent supports Dice's proprietary data model, enhancing its IntelliSearch™ algorithm, which matches technology skills with job requirements. This advancement is aimed at increasing efficiency and accuracy in recruitment, benefiting both job seekers and employers in the tech sector.

DHI Group, Inc. (NYSE: DHX) has announced its participation in three investor conferences in June 2022, including the Cowen Technology, Media & Telecom Conference on June 2, the LD Micro Invitational on June 7, and the East Coast IDEAS Conference on June 22. CEO Art Zeile and CFO Kevin Bostick will present and hold one-on-one meetings with investors at these events, which will be available for live webcast and replay. DHI specializes in AI-powered career marketplaces focused on technology roles through its brands, Dice and ClearanceJobs.

On May 18, 2022, Dice, a brand of DHI Group (NYSE: DHX), launched **social profiles** from open web data for all clients via its **TalentSearch** platform. This enhancement aims to provide **recruiters** access to a vast pool of **tech professionals**, improving the candidate sourcing process. With these profiles, recruiters can reach more candidates, refine searches using AI, and avoid additional costs associated with other platforms. Dice continues to innovate in the recruitment sector, supporting clients' needs in a challenging hiring environment.

DHI Group, Inc. (NYSE: DHX) announced its participation in two upcoming investor conferences in May 2022, with CEO Art Zeile presenting at both events. The Sidoti Micro Cap Virtual Conference will take place on May 12 at 11:30 AM ET, followed by the B. Riley 22nd Annual Institutional Investor Conference on May 26 at 1:50 PM ET. The presentations will be streamed live and accessible for replay via the company's investor relations website. For one-on-one meetings, interested parties can contact the hosting firms or DHI's investor relations.

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.