DHI(DHX)

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DHI(DHX) - 2024 Q4 - Annual Report
2025-02-11 22:40
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________________________________ FORM 10-K ______________________________________________ (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 ______________________________________________ OR ☐ TRANSITION PERIOD PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO C ...
DHI Group, Inc. (DHX) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-02-07 15:16
Have you been paying attention to shares of DHI Group (DHX) ? Shares have been on the move with the stock up 37.6% over the past month. The stock hit a new 52-week high of $3.13 in the previous session. DHI Group has gained 69.5% since the start of the year compared to the 2.2% move for the Zacks Computer and Technology sector and the 37.7% return for the Zacks Internet - Content industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our e ...
DHI(DHX) - 2024 Q4 - Earnings Call Transcript
2025-02-06 03:00
Financial Data and Key Metrics Changes - DHI Group reported a 7% revenue decline in 2024, with total revenue of $34.8 million for the fourth quarter, down 7% year-over-year and down 1% sequentially [7][34] - Adjusted EBITDA for the fourth quarter decreased 9% to $9.2 million, with a margin of 26%, compared to $10.1 million and a margin of 27% in the prior year [44] - Free cash flow for the current year was $7.1 million, a $6.0 million increase over the prior year [46] Business Line Data and Key Metrics Changes - ClearanceJobs revenue increased by 7% year-over-year to $13.8 million, while Dice revenue decreased by 14% year-over-year to $21.0 million [16][37] - Total recurring revenue declined by 5% year-over-year, with ClearanceJobs bookings flat year-over-year and Dice bookings down 14% [17][34] - Revenue renewal rates for ClearanceJobs and Dice were 93% and 77% respectively, with retention rates of 111% for ClearanceJobs and 97% for Dice [20][37] Market Data and Key Metrics Changes - New tech job postings were approximately 70% of normal, with a notable rebound in the second half of 2024, showing a 12% increase compared to the first half [11][12] - The tech unemployment rate remained low at approximately 2% in December, indicating a tight labor market for tech talent [13] - Tech recruiter job postings increased by 22% year-over-year in the second half of 2024, suggesting a potential rise in demand for tech professionals [15] Company Strategy and Development Direction - The company restructured its operations into two distinct brands, Dice and ClearanceJobs, to enable tailored strategies for their unique market dynamics [8][9] - DHI Group is focusing on recession-resistant sectors like consulting, aerospace/defense, healthcare, financial services, and education [19] - The company plans to launch new products, including CJ Verify and a paid candidate subscription service for ClearanceJobs, to enhance customer engagement [22][23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a gradual recovery in tech hiring demand, with expectations of a 5% growth in tech staffing revenue in 2025 [13][27] - The company anticipates revenue of $131 million to $135 million for the full year 2025, with a target adjusted EBITDA margin of 24% [27][28] - Management noted that while the hiring environment has impacted growth, they expect increased investment in technology initiatives across industries in 2025 [51] Other Important Information - The company implemented a Section 382 rights plan to protect its capital loss carryforward, which exceeds $100 million [42] - DHI Group's Board approved a new $5 million stock buyback program, believing that shares are trading below intrinsic value [28][50] - Greg Schippers has been officially appointed as Chief Financial Officer, bringing over a decade of experience with the company [29] Q&A Session Summary Question: Business prospects for Dice in 2025 - Management indicated that staffing is expected to recover before commercial accounts, with positive signs in renewal and new business activity [56][58] Question: Concerns for ClearanceJobs amidst efficiency initiatives - Management has not seen direct impacts on ClearanceJobs from potential defense budget cuts and remains optimistic about continued activity levels [60] Question: Cash usage and debt repayment - Approximately $6 million of cash was used to pay down debt, impacting cash on hand at the end of Q4 [66] Question: Segment reporting by brand - Management intends to provide more detailed segment reporting following the restructuring [72] Question: Expectations for bookings growth in 2025 - Management expects growth for ClearanceJobs but remains conservative regarding Dice, anticipating no significant improvement [81][82] Question: Exposure to non-defense agencies - Management clarified that ClearanceJobs primarily serves defense-related agencies, with limited exposure to non-cleared agencies [88] Question: Marketing spend expectations - Marketing spend is expected to be seasonal, with reductions during summer and holiday periods [96]
DHI(DHX) - 2024 Q4 - Earnings Call Presentation
2025-02-06 01:48
NYSE: DHX Q4 2024 Investor Presentation February 5, 2025 Forward looking statements This press release and oral statements made from time to time by our representatives contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You should not place undue reliance on those statements because they are subject to numerous uncertainties an ...
DHI Group (DHX) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-06 00:15
DHI Group (DHX) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 133.33%. A quarter ago, it was expected that this provider of websites and career fairs for professionals would post earnings of $0.04 per share when it actually produced earnings of $0.05, delivering a surprise of 25%.Ov ...
DHI(DHX) - 2024 Q4 - Annual Results
2025-02-05 21:22
DHI Group Reports 2024 Fourth Quarter and Full Year Financial Results CENTENNIAL, Colorado, February 5, 2025 - Today, DHI Group, Inc. (NYSE: DHX) ("DHI" or the "Company") announced its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights (1) Full Year 2024 Financial Highlights (1) 1 ▪ Total revenue was $34.8 million, down 7% year over year. • ClearanceJobs revenue was $13.8 million, up 7% year over year. • Dice revenue was $21.0 million, do ...
Are Investors Undervaluing DHI Group (DHX) Right Now?
ZACKS· 2025-02-03 15:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe ...
D.R. Horton: At Least The Stock Is Supported By An Aggressive Buyback
Seeking Alpha· 2025-01-23 14:26
D.R. Horton (NYSE: DHI ) produced another tepid earnings report. The market first cheered the Q1 2025 numbers with a gap open of 2.9%, presumably with initial relief. By the close of trading, DHI lost 2.7%. At the time of writing, a 2.3% rebound brought DHIDr. Duru has blogged about financial markets since the year 2000. A veteran of the dot-com bubble and bust, the financial crisis, and the coronavirus pandemic, he fully appreciates the value in trading and investing around the extremes of market behavior. ...
DHI(DHX) - 2024 Q3 - Earnings Call Transcript
2024-11-16 01:35
DHI Group, Inc. (NYSE:DHX) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Todd Kehrli - MKR Investor Relations Art Zeile - Chief Executive Officer Raime Leeby - Chief Financial Officer Conference Call Participants Zach Cummins - B. Riley Kevin Liu - K. Liu & Company Max Michaelis - Lake Street Operator Good day, and welcome to the DHI Group, Inc. Third Quarter 2024 Financial Results Conference Call. All participants’ will be in a listen-only mode. [Operator Instructions] ...
DHI(DHX) - 2024 Q3 - Earnings Call Presentation
2024-11-16 01:32
DHí NYSE: DHX Q3 2024 Investor Presentation November 12, 2024 Forward looking statements This presentation and oral statements made from time to time by our representatives contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You should not place undue reliance on those statements because they are subject to numerous uncertaintie ...