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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 - Earnings Call Transcript
2025-02-05 23:00
Financial Data and Key Metrics Changes - In 2024, the company experienced a 7% decline in revenue, with total revenue reported at $34,800,000 for the fourth quarter, down 7% year over year and down 1% sequentially [6][26] - Adjusted EBITDA for the fourth quarter decreased 9% to $9,200,000, with a margin of 26%, compared to $10,100,000 or a margin of 27% in the prior year [31] - Free cash flow for the current year was $7,100,000, a $6,000,000 increase over the prior year [33] Business Line Data and Key Metrics Changes - ClearanceJobs revenue increased by 7% year over year to $13,800,000, while Dice revenue decreased by 14% year over year to $21,000,000 [13][26] - Total recurring revenue declined by 5% year over year, with ClearanceJobs bookings flat year over year at $14,200,000 and Dice bookings down 14% year over year [14][27] - Revenue renewal rates for ClearanceJobs and Dice were 93% and 77% respectively, with retention rates at 111% for ClearanceJobs and 97% for Dice [16][29] Market Data and Key Metrics Changes - New tech job postings were approximately 70% of normal, but showed a 12% increase in the second half of 2024 compared to the first half, with December alone seeing a 16% year over year increase [10][11] - The tech unemployment rate remained low at approximately 2% in December, indicating a tight labor market for tech talent [11] - The company anticipates a 5% growth in tech staffing hiring revenue in 2025, following a 7% decline in 2024 [11][12] Company Strategy and Development Direction - The company has restructured its operations into two distinct brands, Dice and ClearanceJobs, to enhance profitability and align strategies with unique market dynamics [8][9] - The company is focusing on recession-resistant sectors such as consulting, aerospace defense, healthcare, financial services, and education [15] - Plans for 2025 include launching new products like CJ Verify and a paid candidate subscription service for ClearanceJobs, as well as a total reimagination of the Dice Web Store [18][20][22] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a gradual recovery in tech hiring, with encouraging signs of increased demand and improved revenue renewal rates [10][21] - The company expects revenue for 2025 to be between $131,000,000 and $135,000,000, with a targeted adjusted EBITDA margin of 24% [22][37] - Management remains committed to delivering strong profits for shareholders and has approved a new $5,000,000 stock buyback program [22][36] Other Important Information - The company has reduced total operating costs by over $10,000,000, with a focus on operational efficiency [7][30] - The company recorded a net income of $1,000,000 or $0.02 per diluted share in the fourth quarter, down from $2,100,000 or $0.05 per diluted share in the prior year [31] - The company has implemented a Section 382 rights plan to protect its capital loss carryforward, which exceeds $100,000,000 [30] 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 activity and new business [41] Question: Concerns for ClearanceJobs amidst efficiency initiatives - Management noted no current impact on ClearanceJobs from potential defense budget cuts, with Congress committed to the existing defense budget [43] Question: Cash usage and debt repayment - Management confirmed that approximately $6,000,000 of cash was used to pay down debt, affecting cash on hand [49] Question: Segment reporting for operating income or adjusted EBITDA - Management plans to provide more detailed segment reporting in the first half of the year [54] Question: Expectations for bookings growth in 2025 - Management expects growth for ClearanceJobs but remains conservative regarding Dice, anticipating no significant improvement [62] Question: Exposure to non-cleared agencies - Management clarified that the company primarily serves defense-related agencies, with limited exposure to non-cleared agencies [67] Question: Marketing spend expectations - Management indicated that marketing spend is seasonal, with adjustments made during summer and holiday periods [74]
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
Group 1 - D.R. Horton (NYSE: DHI) reported a lackluster earnings performance for Q1 2025, initially causing a market reaction with a 2.9% gap up, but ultimately closing down 2.7% [1] - At the time of writing, DHI experienced a slight rebound of 2.3% [1] Group 2 - The article highlights the volatility in market reactions to earnings reports, emphasizing the contrast between initial optimism and subsequent declines [1]
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 ...
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 ...