tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DHI Group sees Q3 revenue $31M-$32M, consensus $33.06M

The company said, “We remain confident in the long term growth prospects of our two tech-focused brands, and specifically ClearanceJobs in the near term, as a result of increased global defense spending and strong customer demand for cleared tech professionals. With that said, we do not anticipate DHI total bookings growth to resume until the broader tech hiring environment stabilizes, and as a result we are reducing our full-year revenue guidance to $126 to $128 million, with third-quarter revenue expected to be in the range of $31 to $32 million. With the recently announced restructuring, we are raising our full-year Adjusted EBITDA margin guidance to 26%, reflecting our continued cost management and operational efficiency.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1