DHI Group (NYSE:DHX) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

DHI Group (NYSE:DHX) issued its quarterly earnings results on Wednesday. The technology company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.04 by $0.02, Zacks reports. The business had revenue of $35.83 million for the quarter, compared to analysts’ expectations of $36.10 million. DHI Group had a net margin of 1.02% and a return on equity of 5.72%. During the same quarter last year, the company posted $0.02 earnings per share. DHI Group updated its Q3 2024 guidance to EPS.

DHI Group Stock Performance

Shares of NYSE:DHX traded down $0.01 during trading on Friday, reaching $2.06. 56,601 shares of the company’s stock traded hands, compared to its average volume of 237,963. The stock has a market capitalization of $99.58 million, a P/E ratio of 51.50 and a beta of 1.03. DHI Group has a 12 month low of $1.75 and a 12 month high of $4.16. The company has a 50 day moving average of $2.12 and a 200-day moving average of $2.35. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.52 and a quick ratio of 0.52.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Barrington Research restated an “outperform” rating and set a $7.00 price objective on shares of DHI Group in a research note on Monday, August 5th. StockNews.com lowered DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 2nd.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.