DHI Group Inc. (NYSE: DHX), a tech jobs website operator, reported second-quarter revenue rose 4.0% year over year to $38.5 million. While revenue increased 19.9% at its ClearanceJobs division, which focuses on jobs that require federal security clearances, it fell by 2.1% in its Dice segment.  

Total bookings fell 9% year over year to $32.3 million. Bookings represent the value of all contractually committed services — in which the contract start date is during the quarter — and will be recognized as revenue within 12 months of the contract start date. 

Dice bookings decreased 15% year over year. On the other hand, ClearanceJobs saw an 8% increase in bookings during the second quarter.  

“While the current economic environment impacted our revenue and bookings in the second quarter, we believe companies across all industries will continue their investment in technology initiatives,” President and CEO Art Zeile said.  

“As the economy improves, we expect increased demand for our tools, which enable companies to attract, find and hire the right technology professionals for their open positions,” Zeile said. “In the meantime, we are focused on improving our industry-leading product offering and our go-to-market execution, working toward doing so in a more efficient and profitable manner.” 

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Guidance  

DHI forecast third-quarter revenue to be flat year over year. Revenue for the full year is expected to be up 3% to 4%.  

Share price and market cap 

Shares in DHI were up 3.60% to $4.03 as of 11:36 a.m. Eastern time; they were 34.33% above the 52-week low, according to FT.com. The company had a market cap of $184.50 million.