DHI Group Reports Q3 Results and Raises Profitability Guidance
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DHI Group Inc (DHX) reported Q3 earnings with a 9% revenue decrease to $32.1 million compared to Q3 2024. Despite this, the company raised its full-year profitability guidance, reflecting confidence in its strategy. Key highlights include a 19% increase in adjusted EBITDA to $10.3 million, but a net loss of $4.3 million due to a $9.6 million impairment. The Dice brand revenue fell by 15%, while ClearanceJobs grew by 1%. Management remains optimistic about long-term growth, particularly for ClearanceJobs, amid increased global defense spending.
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