DHI Group (DHX) Reports In-Line Q2 EPS
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Financial Fact:
Amortization of intangible assets: 1.57M
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DHI Group (NYSE: DHX) reported Q2 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $41.6 million versus the consensus estimate of $40.27 million.
GUIDANCE:
The Company believes that the high demand for technology professionals and current competitive dynamics will continue. The Company expects a gradual abatement in the rate of revenue decline for Dice2 if current revenue renewal rates are maintained, and slightly slower top-line growth for ClearanceJobs due to higher year-over-year comparatives and the extremely tight labor market for cleared professionals. eFinancialCareers revenue trends are expected to continue for the near term. Expense management will remain an important focus, as will maintaining a 20% Adjusted EBITDA margin1 for the 2018 full year.
For earnings history and earnings-related data on DHI Group (DHX) click here.
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