DHI Group (NYSE:DHX) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

DHI Group (NYSE:DHX) issued its earnings results on Tuesday. The technology company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04, FiscalAI reports. The firm had revenue of $29.69 million for the quarter, compared to analysts’ expectations of $29.05 million. DHI Group had a positive return on equity of 11.43% and a negative net margin of 1.78%.

Here are the key takeaways from DHI Group’s conference call:

• ClearanceJobs is the primary growth driver, with Q1 revenue up 5% and bookings up 7%, a 40% adjusted EBITDA margin, and management citing the record U.S. defense budget and PSG acquisition as catalysts for continued demand growth.
• Dice continues to face demand weakness (Q1 revenue down 17% and bookings down 20%, customer count down), though profitability improved (28% adjusted EBITDA margin) and the company highlights strong AI-related job demand as a long-term tailwind.
• Company-wide profitability and liquidity strengthened — Q1 adjusted EBITDA was $8.1M (27% margin), free cash flow was $6.8M, leverage is low (~0.91x), and the board approved a $10M share repurchase program (about $6.4M remaining).
• Full-year guidance calls for $124M–$128M revenue with ClearanceJobs bookings expected to grow but Dice bookings not forecast to recover until the broader tech hiring market improves; management reiterates targeted full-year adjusted EBITDA margins (25% consolidated).

DHI Group Stock Up 12.0%

DHX traded up $0.34 during trading hours on Thursday, reaching $3.14. 725,370 shares of the stock traded hands, compared to its average volume of 490,453. DHI Group has a fifty-two week low of $1.37 and a fifty-two week high of $3.34. The company has a market cap of $137.62 million, a price-to-earnings ratio of -62.69 and a beta of 1.11. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.44 and a quick ratio of 0.44. The firm’s fifty day simple moving average is $2.69 and its two-hundred day simple moving average is $2.15.

Institutional Trading of DHI Group

Several large investors have recently modified their holdings of DHX. XTX Topco Ltd grew its position in shares of DHI Group by 484.2% during the fourth quarter. XTX Topco Ltd now owns 111,299 shares of the technology company’s stock worth $173,000 after buying an additional 92,249 shares in the last quarter. Walleye Capital LLC acquired a new stake in DHI Group in the fourth quarter worth $86,000. Jane Street Group LLC lifted its stake in DHI Group by 130.5% in the fourth quarter. Jane Street Group LLC now owns 90,953 shares of the technology company’s stock valued at $141,000 after buying an additional 51,493 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of DHI Group by 17.2% during the fourth quarter. Empowered Funds LLC now owns 66,103 shares of the technology company’s stock valued at $102,000 after acquiring an additional 9,703 shares during the period. Finally, Franklin Resources Inc. acquired a new position in shares of DHI Group during the third quarter valued at $128,000. 69.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on DHX shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of DHI Group in a research note on Monday, April 20th. Zacks Research downgraded shares of DHI Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Barrington Research reissued an “outperform” rating and issued a $10.00 target price on shares of DHI Group in a research note on Monday. Finally, Lake Street Capital restated a “hold” rating and set a $3.00 target price on shares of DHI Group in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $6.50.

DHI Group declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, February 4th that permits the company to repurchase $10.00 million in shares. This repurchase authorization permits the technology company to repurchase up to 12.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

About DHI Group

DHI Group, Inc (NYSE: DHX) is a specialized professional recruitment and career development company that operates digital platforms connecting technology and security-cleared professionals with employers worldwide. Founded in 1990 as a niche job board for technology talent, the company completed its initial public offering in 2007 and trades on the New York Stock Exchange under the ticker symbol DHX.

The company’s primary offerings include Dice.com, a careers platform designed for technology professionals, and ClearanceJobs, a specialized service catering to candidates holding U.S.