Dice Records Eight Percent Q2 Revenue Gain
August 17, 2012 – Dice Holdings, Inc./(NYSE:DHX), a career website for technology and engineering professionals, has recorded revenues of $48.5 million, an increase of eight percent from $44.9 million in the comparable quarter of 2011. Recruitment activity was varied by service and geography throughout the second quarter. Dice.com's revenues increased 14 percent year-over-year, while Rigzone grew 25 percent year-over-year. Those increases were partially offset by a revenue decline of 15 percent year-over-year at eFinancialCareers. Net income for the quarter grew 22 percent to $9.5 million from $7.7 million last year. Diluted earnings per share were $0.14, an increase of 27 percent from $0.11 diluted earnings per share a year ago. Scot Melland, chairman, president and CEO, said: “The quarter was tougher than we expected with softer new business in our small to mid-sized customer segment and weaker recruiting activity in financial services. We offset some of these headwinds as large customers increased their service levels with Dice, and Rigzone continued its strong growth.”