DHI Group, Inc. Provides Revenue Guidance for the Year 2024
February 07, 2024 at 04:15 pm EST
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DHI Group, Inc. provided revenue guidance for the year 2024. While the company saw signs of an improved bookings environment across all of new business teams in the fourth quarter, the company does not expect total bookings growth to return until the second half of the year, which the company expects to result in a low single-digit percentage decline in total revenue for the full year. The company remains focused on driving long-term, sustainable revenue growth and are well positioned from a customer acquisition perspective to return to more accelerated growth when the economy begins its recovery and tech hiring returns.
DHI Group, Inc. is a provider of artificial intelligence (AI)-powered career marketplaces that focus on technology roles. The Companyâs two brands, Dice and ClearanceJobs, enable recruiters and hiring managers to search for and connect with skilled technology professionals based on the skills requested. The Companyâs algorithm manages over 100,000 unique technology skills. Additionally, its marketplaces allow tech professionals to find their next career opportunity, with relevant advice and personalized insights. Its solutions are available individually or bundled in packages, including talent profiles, job postings, employer branding, and other services. Its Websites serve as online two-sided marketplaces where employers and recruiters source and connect with employees, and where technologists find relevant job opportunities, data and information to further their careers. The Companyâs Websites offer job postings, news and content, career development and recruiting services.