Dhi Group Inc Stock Price, News & Analysis

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.

DHI Group, Inc. (NYSE: DHX) will release its financial results for Q2 2020 on August 6, 2020, following the market's close. The announcement will be accompanied by a conference call at 5:00 PM ET, hosted by President and CEO Art Zeile and CFO Kevin Bostick. Investors can access the call by dialing +1-844-890-1790 or via a live webcast on the company’s website. A replay will be available until August 13, 2020. DHI provides software and services for career marketplaces aimed at connecting employers and candidates in specialized fields globally.

DHI Group, Inc. (NYSE: DHX) announced the launch of Workflow, a new feature by ClearanceJobs that automates recruiting processes for professionals with security clearances. This innovation allows recruiters to optimize their time by pre-programming tasks, enhancing connection with top candidates in a competitive job market. With features such as automated candidate outreach and the ability to manage multiple workflows, Workflow aims to enhance efficiency in recruitment, enabling teams to focus on impactful activities. The IntelliSearch™ engine ensures smarter candidate matching.

DHI Group, Inc. (NYSE: DHX) announced findings from Dice's report, The State of Remote Work, revealing a surge in productivity among technologists working remotely. The report indicates that 61% of tech professionals prefer flexible work arrangements, a need heightened by COVID-19. Key benefits identified include increased productivity (53%) and improvements in work-life balance (47%). Notably, 72% of technologists praised their employers' response to the pandemic. Job views for remote positions have soared, with a 50% increase in engagement compared to non-remote roles.

DHI Group, Inc. (DHX) announced a partnership between Dice and IDG Communications to launch virtual tech recruitment events starting in October 2020. This series aims to bridge tech professionals with organizations in a post-COVID-19 economy, addressing a substantial demand for skilled talent in IT. According to the 2020 CIO Tech Poll, 46% of IT leaders cited staffing challenges for implementing new technologies. The initiative leverages Dice's AI technology to enhance recruitment capabilities.