DHI Group Inc. (NYSE: DHX), a tech jobs website operator, reported second-quarter revenue rose 29.0% year over year. Revenue rose at both its Dice and ClearanceJobs businesses.
(US$ thousands) | Q2 2022 | Q2 2021 | % change |
Revenue | 37,057 | 28,721 | 29.0% |
Net income/loss | 1,450 | (30,211) | nm |
“Even in this difficult macro-environment this growing demand for technologists showed no signs of slowing down as US employers posted over 500,000 open tech jobs in June 2022, up more than 62% year over year,” President and CEO Art Zeile said.
Revenue by segment
(US$ thousands) | Q2 2022 | Q2 2021 | % change |
Dice | 26,823 | 20,583 | 30.3% |
ClearanceJobs | 10,234 | 8,138 | 25.8% |
Bookings on Dice rose 27% year over year in the second quarter, and Dice added 137 net new customers.
ClearanceJobs saw booking growth of 27%, and it added 48 net new customers.
Guidance
DHI expects third-quarter revenue to be up between 20% and 23% year over year. Full-year revenue is expected to grow between 21% and 23%.
Share price and market cap
Shares in DHI were down 14.31% to $4.49 as of 12:24 p.m. Eastern time; they were 24.03% above their 52-week low, according to FT.com. The company had a market cap of $248.0 million.