DHI Group Lowers FY2025 Sales Guidance from $131M-$135M to $126M-$128M vs $131.045M Est
Benzinga Newsdesk 1 year ago
NewsGuidance
Commenting on 2025 full-year guidance, Greg Schippers, CFO of DHI Group, commented:"We remain confident in the long term growth prospects of our two tech-focused brands, and specifically ClearanceJobs in the near term,
Commenting on 2025 full-year guidance, Greg Schippers, CFO of DHI Group, commented:
"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."