Fourth-quarter revenue fell 6.2% year over year at DHI Group Inc. (NYSE: DHX), which operates the Dice and ClearanceJobs websites. The decline occurred in its Dice operations, where revenue fell 12.5%. ClearanceJobs revenue rose 9.1%.
Bookings were down 4% year over year to $36.1 million in the fourth quarter. However, DHI Group saw signs of improvement in bookings during the quarter, CFO Raime Leeby said in a press release, but the company doesn’t expect an increase in total bookings growth to return until the second half of this year. Overall, the company expects full-year 2024 revenue to decline by a single digit.
The Denver-based firm defines bookings as the value of all contractually committed services in which the contract start date is during the period and will be recognized as revenue within 12 months of the contract start date.
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Share price
Shares in DHI Group were up 15.57% to $2.45 as of 11:57 a.m. Eastern time today. They were 24.37% above their 52-week low.