DHI Group (DHX) Tops Q1 EPS by 5c, reiterating guidance

May 8, 2024 4:31 PM EDT
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Price: $3.94 -1.75%

Financial Fact:
Net income: -16.84M

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DHI Group (NYSE: DHX) reported Q1 EPS of $0.05, $0.05 better than the analyst estimate of $0.00. Revenue for the quarter came in at $36 million versus the consensus estimate of $36.06 million.

Reiterating 2024 full year guidance, Raime Leeby, CFO of DHI Group, commented:

\"We remain focused on driving long-term, sustainable revenue growth and are well positioned from a customer acquisition perspective to return to growth as tech hiring returns to normal levels. We expect our bookings performance to improve in the second quarter with growth in total bookings returning in the second half of the year. For the second quarter, we expect our revenue to be similar to first quarter revenue, with total revenue for the full year declining in the low single-digit percentage range. From a profitability perspective, we continue to target an Adjusted EBITDA margin of 24% for the full year.\"

For earnings history and earnings-related data on DHI Group (DHX) click here.



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