DHI(DHX)

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Is DHI Group (DHX) Stock Undervalued Right Now?
ZACKS· 2024-11-14 15:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...
DHI Group (DHX) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-11-13 00:00
DHI Group (DHX) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. 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 $0.06, delivering a surprise of 50%.Over t ...
DHI(DHX) - 2024 Q3 - Quarterly Report
2024-11-12 21:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ______________________________________________ OR ☐ TRANSITION PERIOD PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33584 ____________________________________________ DHI Gro ...
DHI(DHX) - 2024 Q3 - Quarterly Results
2024-11-12 21:26
DHI Group Reports 2024 Third Quarter Financial Results, Announces CFO Transition CENTENNIAL, Colorado, November 12, 2024 - DHI Group, Inc. (NYSE: DHX) ("DHI" or the "Company") today announced financial results for the third quarter ended September 30, 2024. (1) Third Quarter 2024 Financial Highlights ▪ Total revenue was $35.3 million, down 6% year over year. • ClearanceJobs revenue was $13.4 million, up 6% year over year. • Dice revenue was $21.9 million, down 12% year over year. ▪ Total bookings were $28.9 ...
D.R. Horton: Earnings Miss An Opportunity To Accumulate
Seeking Alpha· 2024-10-30 12:00
Stratos Capital Partners (S.C) was established in 2017 by a small team of professionals from the investment industry with a deep passion for financial markets, macroeconomics, and investment strategy. S.C.'s original goal was to focus exclusively and extensively on the research & development of algorithmic trend-following strategies. The implications of our research over the years have not only strengthened our conviction for systematic strategies but have also led to the profound evolution of our philosoph ...
DHI Group (DHX) Beats Q2 Earnings Estimates
ZACKS· 2024-08-08 00:16
DHI Group (DHX) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this provider of websites and career fairs for professionals would post earnings of $0.03 per share when it actually produced earnings of $0.05, delivering a surprise of 66.67%. Ov ...
DHI(DHX) - 2024 Q2 - Earnings Call Transcript
2024-08-08 00:11
Financial Data and Key Metrics Changes - Total revenue for Q2 2024 was $35.8 million, down 7% year-over-year and down 1% from the prior quarter [18] - Total bookings for the quarter were $30 million, also down 7% year-over-year [18] - Adjusted EBITDA for the second quarter increased 3% to $9 million, with a margin of 25% compared to 23% a year ago [21] - Operating cash flow for the quarter was $9.1 million, up from $8.1 million in the prior year [21] Business Line Data and Key Metrics Changes - ClearanceJobs revenue was $13.3 million, up 8% year-over-year and up 3% sequentially, with bookings of $11.4 million, up 9% year-over-year [18][19] - Dice revenue was $22.6 million, down 14% year-over-year and down 3% sequentially, with bookings of $18.6 million, down 15% year-over-year [19][20] - Revenue renewal rates were 96% for ClearanceJobs and 78% for Dice, with retention rates of 113% and 99% respectively [12][20] Market Data and Key Metrics Changes - The tech labor market showed signs of improvement with 209,000 new tech job postings in May, the highest since June 2023, although still below pre-pandemic levels [6][7] - The percentage of US tech job postings requiring AI skills increased from 15% in January to 27% in June [8] - The number of jobs posted on Dice increased 30% year-over-year, with average monthly job applications rising over 85% year-over-year [15][44] Company Strategy and Development Direction - The company is focusing on improving its products and go-to-market execution to capitalize on anticipated increased demand for tech professionals [17][24] - The introduction of comprehensive subscription packages has improved average contract value by approximately 4% [13] - ClearanceJobs is positioned to benefit from increased hiring of cleared tech professionals, with significant growth opportunities ahead [10][19] Management's Comments on Operating Environment and Future Outlook - Management noted that the recovery in tech hiring is slow and steady, with expectations for bookings to improve in the second half of the year but not return to growth until next year [16][24] - The company anticipates third-quarter bookings and revenue to decline by 4% to 6% year-over-year [17][24] - Management highlighted the cautious approach of employers due to economic uncertainty, impacting hiring decisions [29] Other Important Information - The company implemented a restructuring initiative expected to yield $4 million to $6 million in annual savings [20] - Total debt decreased by $6 million during the quarter, with a leverage ratio below one times, resulting in a 25 basis point decrease in interest rate [22][30] - Deferred revenue at the end of the quarter was $52.3 million, down 2% year-over-year [23] Q&A Session Summary Question: What are customers saying about the Dice side of the business? - Management indicated that the economy remains sluggish, with tech job postings down about 30% from normal levels, and noted attrition of smaller companies impacting revenue [26][29] Question: What is the current capital allocation strategy? - Management is considering whether to continue paying down debt or resume share repurchases, depending on the macroeconomic environment [30] Question: What were the tech job postings in July? - July's tech job postings were reported at 176,324, which is below May's peak but shows seasonal trends [32] Question: How is the adjusted EBITDA margin target being managed? - The target for adjusted EBITDA margin is 24%, with expectations of offsetting restructuring savings against merit increases and investments [34] Question: Is there an increase in interest from potential new accounts? - Management noted a slight improvement in the SRC pipeline, indicating stabilization in the market [36] Question: What is the outlook for ClearanceJobs? - Management expects to maintain the 9% improvement in ClearanceJobs bookings, despite political and economic uncertainties [40] Question: How will marketing spend be managed in the second half of the year? - Marketing spend is expected to remain similar to Q2 levels, with flexibility to adjust based on market conditions [42]
DHI(DHX) - 2024 Q2 - Earnings Call Presentation
2024-08-07 22:27
DHí NYSE: DHX Q2 2024 Investor Presentation August 7, 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 uncertainties a ...
DHI(DHX) - 2024 Q2 - Quarterly Report
2024-08-07 20:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ______________________________________________ OR ☐ TRANSITION PERIOD PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33584 ____________________________________________ DHI Group, I ...
DHI(DHX) - 2024 Q2 - Quarterly Results
2024-08-07 20:18
DHI Group Reports 2024 Second Quarter Financial Results CENTENNIAL, Colorado, August 7, 2024 - DHI Group, Inc. (NYSE: DHX) ("DHI" or the "Company") today announced financial results for the second quarter ended June 30, 2024. (1) Second Quarter 2024 Financial Highlights ▪ Total revenue was $35.8 million, down 7% year over year. • ClearanceJobs revenue was $13.3 million, up 8% year over year. • Dice revenue was $22.6 million, down 14% year over year. ▪ Total bookings were $30.0 million, down 7% year over yea ...