Dice Revenues Group 20 Percent With Recent Acquisitions
May 1, 2014 – Dice Holdings, Inc./(NYSE:DHX), a career website for technology and engineering professionals, has recorded first quarter revenues of $60.7 million, an increase of 20 percent from $50.4 million in the comparable quarter of 2013. The increase was due primarily to revenues from businesses acquired within the past year. Overall recruitment activity was fairly consistent in tech, energy, healthcare and hospitality during the first quarter, while activity improved in financial services. Net income for the quarter totaled $4.4 million, resulting in diluted earnings per share of $0.08, this compares to earnings of $7.1 million, or 12 cents per share, last year. “While it will take some time to get the company’s organic growth rate to a reasonable pace, we are satisfied by the first signs of progress, which demonstrates that hiring managers continue to strongly value our specialized approach,” said Michael Durney, president and CEO. “We seized an opportunity to expand our energy recruiting service in Europe with the acquisition of OilCareers and we began the expansion of Open Web to Europe during the quarter.”