PR Newswire
NEW YORK, May 8, 2018
NEW YORK, May 8, 2018 /PRNewswire/ --
DHI Group, Inc. (NYSE: DHX) ("DHI" or the "Company"), a leading online career resource and talent acquisition platform for technology professionals and other select professional communities, today reported financial results for the quarter ended March 31, 2018.
"I've joined the Company with the goal to be a catalyst for change and, while still early days, continue to be excited by the tremendous market potential at DHI," said Art Zeile, President and Chief Executive Officer of DHI Group, Inc. "Technology continues to be a high growth market with significant unmet needs, which DHI is poised to capitalize upon. We're building products to help tech professionals grow their careers and we're doing a lot of things to solve the recruiting challenges employers face."
Q1 2018 Business Highlights
(1) The Company modified its definition of Adjusted EBITDA in the first quarter of 2018. See "Notes Regarding the Use of Non-GAAP Financial Measures" later in this press release for a description of the change.
Q1 2018 Financial Highlights
"First quarter results met our expectation that fourth quarter trends would continue as we begin the year. We are starting to see signs of traction, particularly in revenue renewal rates at Dice, the stabilization of eFinancialCareers and continued solid growth at ClearanceJobs," said Luc Grégoire, Chief Financial Officer. "The efficiencies we've gained through our functional alignment and tech-focused strategy allow us to invest in product and marketing while being sharply focused on maintaining profitability."
The following summarizes consolidated financial results for the quarters ended March 31, 2018 and 2017:
($ in millions, except per share data)
| | Q1 2018 | | Q1 2017 | | Change | | Fx Impact | | ||||||
Revenues | | | | | | | | | | ||||||
Tech-focused | | $ | 37.9 | | | $ | 39.5 | | | (4)% | | $ | 0.9 | | |
Healthcare (1) | | — | | | 6.7 | | | n.m. | | — | | | |||
Corporate & Other (1) | | 5.1 | | | 5.9 | | | (14)% | | — | | | |||
Total Revenues | | $ | 43.1 | | | $ | 52.2 | | | (17)% | | $ | 0.9 | | |
Net Income | | $ | 3.5 | | | $ | 1.3 | | | 169% | | | | ||
Diluted earnings per share | | $ | 0.07 | | | $ | 0.03 | | | 133% | | | | ||
| | | | | | | | | |
| | Adjusted Revenues (2) (4) | | Adjusted EBITDA (3) (4) | | Margin | | | ||||||||||||||||||||
Non-GAAP | | Q1 2018 | | Q1 2017 | | Change | | | Q1 2018 | | Q1 2017 | | Q1 2018 | | Q1 2017 | | | |||||||||||
Tech-focused | | $ | 37.9 | | | $ | 39.5 | | | (4) | % | | | $ | 10.9 | | | $ | 13.8 | | | 29 | % | | 35 | % | | |
Corporate and other | | 4.7 | | | 4.8 | | | (2) | % | | | (1.2) | | | (3.4) | | | (26) | % | | (71) | % | | | ||||
Total | | $ | 42.6 | | | $ | 44.3 | | | (4) | % Werbung Mehr Nachrichten zur Dice Holdings Inc Aktie kostenlos abonnieren
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