DHI Group Inc ( (DHX) ) has released its Q1 earnings. Here is a breakdown of the information DHI Group Inc presented to its investors.
DHI Group, Inc. (NYSE: DHX) is a provider of AI-powered career marketplaces, specializing in technology roles through its brands ClearanceJobs and Dice, which connect recruiters with skilled tech professionals.
In the first quarter of 2025, DHI Group reported a total revenue of $32.3 million, marking a 10% decline from the previous year. The company’s net loss expanded significantly to $9.4 million, impacted by a $7.4 million impairment to Dice goodwill and a $2.3 million restructuring charge.
Key financial metrics revealed a mixed performance, with ClearanceJobs showing a 3% revenue increase to $13.4 million, while Dice experienced an 18% revenue drop to $18.9 million. Total bookings fell by 14% year over year, with Dice bookings decreasing by 20%. Despite these challenges, the company maintained a strong Adjusted EBITDA margin of 22%.
Looking ahead, DHI Group remains optimistic about the growing demand for tech talent, driven by renewed technology investments across industries. The company is focused on enhancing its product offerings and expects ClearanceJobs to benefit from increased defense funding, while overall bookings growth is anticipated once tech hiring normalizes.