DHI Group (NYSE: DHX), the parent company of the Dice and ClearanceJobs job boards, reported fourth-quarter revenue fell 6.7% year over year to $34.8 million. The decrease was in its Dice segment; ClearanceJobs revenue rose 7%.

CEO Art Zeile noted adjusted EBITDA margin for the full year was 25% compared to 24% in the previous year. “As we continue to see a slow but steady increase in new tech job postings, we anticipate that companies across industries are beginning to renew their investment in technology initiatives like AI,” Zeile said. That renewed focus is expected to increase demand for DHX’s solutions.

For the fourth quarter, ClearanceJobs revenue rose 7.1% to $13.8 million. Revenue at Dice fell 14.0% to $21.0 million.

CFO Greg Schippers said in a press release that ClearanceJobs bookings are expected to grow this year once tech hiring normalizes.

ClearanceJobs bookings were flat year over year at $14.2 million in the fourth quarter. Dice bookings were down 14% to $18.7 million.

The company expects first-quarter revenue of between $32 million and $33 million, a year-over-year decline of between 11.5% and 14.2%.

DHI previously announced a restructuring of its Dice and ClearanceJobs operations in January.

DHI Group – Q4 2024

Full-year revenue fell 6.6% to $141.9 million. Net income fell 92.8% to $253,000.

Share Price

Shares in DHI were up 4.84% to $2.93 as of 10:46 a.m. Eastern time today. They set a new 52-week high during today’s session when they reached $3.03.