DHI Group Q2 Mixed: ClearanceJobs Surges 14%, Dice Slides 14%
DHX has more than doubled off its 52-week low of $1.44.
Summary
DHI Group reported mixed Q2 results with revenue of ~$31.3M, down 2% year-over-year. ClearanceJobs grew 14% to $15.6M, while Dice fell 14% to $15.8M. Bookings came in at $27.7M, net income was $2.6M, and free cash flow reached $4.5M. Dice EBITDA margin improved to 24%. Lake Street upgraded the stock to Buy with a $5 target. The divergence between the two segments is stark—ClearanceJobs momentum is offsetting Dice weakness, but overall revenue is still declining. The upgrade and margin improvement are positive signals, but the core Dice business remains under pressure.
At the time of this announcement, DHX was trading at $4.03 on NYSE in the Trade & Services sector, with a market capitalization of approximately $172.8M. The 52-week trading range was $1.44 to $4.45. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.