Dice Posts Revenue Decline; EFinancialCareers Up Three Percent

April 29, 2010 – Dice Holdings, Inc./(NYSE:DHX), a career website for technology and engineering professionals, has recorded revenues of $26.8 million for the first quarter ended March 31, 2010, a decline of nine percent from $29.6 million in the comparable quarter of 2009. eFinancialCareers, which consists of eFinancialCareers operations outside of North America, accounted for 23 percent of Dice Holdings' consolidated revenues in the quarter with revenues increasing three percent to $6.1 million. Dice reported net income of $3.3 million or $0.05 earnings per diluted share during the quarter, compared to net income of $3.9 million in the first quarter of 2009. “Recruitment activity increased in our core technology and finance markets. For Dice.com, new business booked in the quarter was the best it's been since mid-2008. And we are pleased to show year-over-year revenue growth at eFinancialCareers in the U.K., our largest financial services market,” said Scot Melland, chairman, president and CEO. “As confidence grows in the recovery, employee turnover is likely to increase and that's an additional driver of our business.”

Share This Article

RECOMMENDED ARTICLES

Leave a Reply

Be the First to Comment!

Notify of
avatar
wpDiscuz