Dice Posts 23 Percent Revenue Jump; EFinancial Careers Up

November 4, 2010 – Dice Holdings, Inc./(NYSE:DHX), a career website for technology and engineering professionals, has recorded revenues of $34.4 million for the quarter ended September 30, 2010, an increase of 23 percent from $26.7 million in the comparable quarter of 2009. Strong recruitment activity and the ongoing shift of recruitment spend to specialty career sites are the primary drivers of the revenue increase. In addition, the acquisitions of Rigzone and WorldwideWorker contributed revenues of $1.5 million in the third quarter of 2010. eFinancialCareers revenues increased 37 percent to $9.1 million. “The third quarter performance included our best sales growth of any quarter this year illustrating how strongly we are performing in this sideways employment market,” said Scot Melland, chairman, president and CEO. “At Dice, we had double-digit year-over-year customer growth and eFinancialCareers posted excellent results in each of our major markets. We are well positioned to capitalize on what we anticipate to be a continued, gradual employment recovery with focused investments into our existing communities and geographic expansion.”

Share This Article


Notify of
Inline Feedbacks
View all comments