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      Why DHI Group Inc. (DHX) stock turnaround in the after-hours on Monday? - Stocks Telegraph

      By ST Staff

      Published on

      June 15, 2021

      7:35 AM UTC

      Why DHI Group Inc. (DHX) stock turnaround in the after-hours on Monday? - Stocks Telegraph

      DHI Group Inc. (DHX) shares surged 10.42% in after-market on Monday, June 14, 2021, and closed at $3.71 per share. Earlier, in Monday’s morning session, DHX’s stock lost 7.69% to close Monday’s session at $3.36. DHX shares have risen 27.76% over the last 12 months, and they have moved up 4.02% in the past week. Over the past three months, the stock has lost 2.33%, while over the past six months, it has jumped 58.49%.

      Let’s discuss its recent news and developments.

      Participation in the investor conferences

      DHI Group, Inc participated in the Summer Solstice Best Ideas from the Buy-Side Conference which held on June 2, 2021. The company was presented by Chief Executive Officer, Art Zeile, and Chief Financial OfficerKevin Bostick.

      DHI participated in the Sidoti & Co. Virtual Microcap Conference which held on May 19-20th, 2021. The company was presented by Chief Executive Officer, Art Zeile, and Chief Financial Officer Kevin Bostick.

      Recent financial results

      On May 5, 2021, DHI Group, Inc released its financial results for the first quarter ended March 31, 2021.

      Q1 2021 financial highlights

      • DHI Group reported total revenue of $32.6 million in Q1 2021 compared to $36.6 million in Q1 2020.
      • Net income was $2.7 million in Q1 2021 compared to a net loss of $6.6 million in the year-ago quarter.
      • Earnings per diluted share were $0.05 in Q1 2021, compared to a loss of $0.13in Q1 2020.
      • Operating cash flow was $6.4 million in Q1 2021, compared to $2.9 million in the year-ago quarter.
      • Total operating expenses were $32.14 million in Q1 2021 compared to $41.9 million in Q1 2020.
      • Adjusted EBITDA was $7.3 million for Q1 2021 compared to $7.5 million in Q1 2020.
      • On March 31, 2021, the company had cash of $7.3 million and net debt was $12.7 million.

      Release of IntelliSearch™

      On April 21, 2021, Dice, a DHI Group, Inc. brand announced the release of IntelliSearch™ Jobs and Alerts, which automatically deliver­­ the most relevant opportunities to tech professionals based on their Dice Candidate Profile.

      New Calendar Integration

      On March 17, 2021, DHI Group, Inc announced that ClearanceJobs, the leading career marketplace for professionals with security clearances, has released a new product integration called Meetings, allowing candidates and recruiters to connect seamlessly. The new product integration will reduce recruiter and candidate missed opportunities, saving significant time and making meaningful connections easier.

      Conclusion

      We have no recent news or developments as of this writing which we could link with its flipped on Monday. We Hope that DHX will continue its surge on Tuesday as well.

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