Le Lézard
Classified in: Science and technology, Business
Subject: ERP

DHI Group, Inc. Raises Full Year Revenue Guidance at 2022 Analyst Day


Webcast Replay of the Analyst Day is Available on the Company's Website

CENTENNIAL, Colo., Sept. 8, 2022 /PRNewswire/ -- DHI Group, Inc. (NYSE: DHX) today announced that at its 2022 virtual analyst day event held earlier today, the company raised its full year revenue guidance and provided a continued revenue growth outlook for 2023.

"Based on our continued strong bookings growth across both Dice and CJ, we are increasing our full year 2022 revenue guidance and now expect total revenue to be in the range of $148 million to $149 million, representing growth of between 23% and 24% year over year," commented Kevin Bostick Chief Financial Officer of DHI Group, Inc. "We continue to expect third quarter total revenue to be in the range of $37 million to $38 million, representing growth of between 20% and 23% year over year and will continue to operate the business to Adjusted EBITDA margins at or near 20% throughout 2022 as we continue to balance our strong financial performance with increased sales and marketing investment to drive continued double-digit revenue growth.

"While we are not yet providing specific long-term guidance for 2023, DHI intends to maintain its investment strategy in sales and marketing to capture incremental market share for each of its brands' total addressable market. As a result, DHI intends to stay within the Rule of 40 in 2023, with a bias to driving bookings and revenue growth, and anticipates maintaining Adjusted EBITDA margins of approximately 20%. As such, DHI expects to drive bookings and revenue growth in 2023 approaching or near 20% year over year. We anticipate that DHI's business model will see margin expansion approaching approximately 30% Adjusted EBITDA margins over time, however, the near-term focus will remain on investing to drive top-line growth."

DHI's 2022 investor day, with its theme "Where Tech Connects" was hosted by Art Zeile, President and Chief Executive Officer, with presentations by senior management that included details on:

Speakers during the event included:

Management also hosted a real-time question and answer session at the end of the investor presentation.

A replay of the event is available in the investor relations section of the DHI website at www.dhigroupinc.com.

Investor Contact
Todd Kehrli or Jim Byers
MKR Investor Relations, Inc.
212-448-4181
[email protected]

Media Contact
Rachel Ceccarelli
VP of Engagement
212-448-8288
[email protected]

About DHI Group, Inc.
DHI Group, Inc (NYSE: DHX) is a provider of AI-powered career marketplaces that focus on technology roles. DHI's two brands, Dice and ClearanceJobs, enable recruiters and hiring managers to efficiently search for and connect with highly skilled technologists based on the skills requested. The Company's patented algorithm manages over 100,000 unique technology skills. Additionally, our marketplaces allow technology professionals to find their ideal next career opportunity, with relevant advice and personalized insights. Learn more at www.dhigroupinc.com.

SOURCE DHI Group, Inc.


These press releases may also interest you

at 16:05
Electronic Arts Inc. today announced preliminary financial results for its third fiscal quarter ended December 31, 2022. "In Q3, EA delivered high-quality experiences, driving record engagement across some of our biggest franchises and growing our...

at 16:05
Toast , the all-in-one digital technology platform built for restaurants, today announced that it will release financial results for the fourth quarter and full year ended December 31, 2022 before the market opens on Thursday, February 16, 2023....

at 16:05
National Instruments Corporation today announced Q4 2022 revenue of $448 million, up 7 percent year over year and an all-time quarterly record. In Q4 2022, the value of the company's total orders was down 3 percent year over year. Geographic order...

at 16:05
Central Garden & Pet Company ("Central"), a market leader in the Pet and Garden industries, today announced financial results for its fiscal 2023 first quarter ended December 24, 2022. "We delivered first quarter results in line with our guidance...

at 16:03
Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at...

at 16:02
Armada Acquisition Corp. I (the "Company" or "AACI") announced today that its 2023 annual meeting of stockholders will be postponed from its scheduled date of 3:00 pm Eastern Time on Tuesday, January 31, 2023 to 12:00 pm Eastern Time on Thursday,...



News published on 8 september 2022 at 17:03 and distributed by: