Overview
* DHI Group ( DHX ) Q3 revenue down 9% yr/yr but beats analyst expectations
* Adjusted EPS for Q3 beats consensus, rising to $0.09 from $0.05
* Company raises full-year profitability guidance, maintains revenue target
Outlook
* DHI Group ( DHX ) raises full-year Adjusted EBITDA margin guidance to 27%
* Company reaffirms full-year revenue guidance of $126 mln to $128 mln
* Fourth-quarter revenue expected between $29.5 mln and $31.5 mln
Result Drivers
* CLEARANCEJOBS PERFORMANCE - ClearanceJobs revenue increased 1% despite government uncertainty, highlighting its strong market position, per CEO Art Zeile
* DICE PROFITABILITY - Dice improved profitability by streamlining operations and transitioning customers to a new platform, according to CEO Art Zeile
* IMPAIRMENT IMPACT - Net loss driven by $9.6 mln impairment of intangible assets
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Beat $32.12 $31.20
Revenue mln mln (3
Analysts
)
Q3 Beat $0.09 $0.05 (3
Adjusted Analysts
EPS )
Q3 EPS -$0.10
Q3 Net -$4.27
Income mln
Q3 $10.30
Adjusted mln
EBITDA
Q3 32.00%
Adjusted
EBITDA
Margin
Q3 -$4.49
Operatin mln
g income
Q3 -$5.04
Pretax mln
Profit
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the employment services peer group is "buy"
* Wall Street's median 12-month price target for DHI Group Inc ( DHX ) is $4.38, about 60% above its November 7 closing price of $1.75
* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 19 three months ago
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)