DHI Group (DHX) Tops Q3 EPS by 9c; Will Explore Strategic Alternatives

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DHI Group, Inc. Announces Third Quarter 2016 Results, Completion of Comprehensive Strategic Review and Intention to Explore Strategic Alternatives

November 1, 2016 7:00 AM EDT

NEW YORK, Nov. 1, 2016 /PRNewswire/ --

Company completes extensive business strategy review resulting in renewed focus on tech talent acquisition that will reinvigorate its core tech franchise, broaden its market opportunity, and accelerate next-generation product development, overall enhancing the Company's growth opportunities and shareholder value  Company to engage, with support of board of directors, an investment bank to explore strategic alternatives that optimize an ownership structure to achieve Company's growth agenda and enhance shareholder value      Q3 2016 total revenues $56.1 million, Adjusted EBITDA $14.9 million, and net loss $16.8 million Diluted loss per share of $0.35,... More