DHI Group Q2 revenue slightly beats estimates helped by defense contractors demand
DHX•Quarterly results
- US tech job marketplace's Q2 revenue fell 2% but slightly beat analyst expectations
- Non-GAAP EPS rose to $0.09 from $0.07 yr/yr; no consensus comparison available
- Company reaffirmed full-year revenue guidance and raised Dice margin outlook
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q2 Revenue | Slight Beat* | $31.34 mln | $31.17 mln (3 Analysts) |
| Q2 EPS | $0.06 | ||
| Q2 Net Income | $2.60 mln | ||
| Q2 Adjusted EBITDA | $8.30 mln | ||
| Q2 Adjusted EBITDA Margin | 27.00% | ||
| Q2 Operating income | $3.81 mln | ||
| Q2 Pretax Profit | $3.11 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Drivers of the quarter
- CLEARANCEJOBS GROWTH - Co said ClearanceJobs revenue and bookings rose due to improving demand from defense contractors and more commercial firms pursuing government work
- DICE WEAKNESS - Dice revenue and bookings declined, which co attributed to continued softness in the broader technology hiring market
- EXPENSE MANAGEMENT - Co said profitability was supported by balancing investments with disciplined expense management
