DHI Group (DHX) Tops Q4 EPS by 1c
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Financial Fact:
Weighted average basic shares outstanding: 47.72M
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DHI Group (NYSE: DHX) reported Q4 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $37.7 million versus the consensus estimate of $37.23 million.
Business Outlook:
DHI expects revenue will turn to positive year-over-year growth in the second half of 2020, primarily driven by product development and increased investment in sales resources. The Company expects an Adjusted EBITDA margin2 of 20% for 2020, given its increased investment in product and engineering capacity and the ramp up of sales resources to accelerate revenue growth. The Company is not providing guidance for net income because it cannot reasonably assess the impact of stock-based compensation and income tax expense.
For earnings history and earnings-related data on DHI Group (DHX) click here.
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