DHI Group Inc. Bottom Line Retreats 78% In Q1

(RTTNews) - DHI Group Inc. (DHX) announced a profit for first quarter that decreased compared to the same period last year.

The company said its earnings dropped to $1.11 million, or $0.02 per share. This was lower than $5.09 million, or $0.09 per share, in last year's first quarter.

Analysts had expected the company to earn $0.08 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 8.6% to $58.3 million. This was down from $63.8 million last year.

DHI Group Inc. earnings at a glance:

-Earnings (Q1): $1.11 Mln. vs. $5.09 Mln. last year. -Earnings Decline (Y-o-Y): -78.2% -EPS (Q1): $0.02 vs. $0.09 last year. -EPS Decline (Y-o-Y): -77.8% -Analysts Estimate: $0.08 -Revenue (Q1): $58.3 Mln vs. $63.8 Mln last year. -Revenue Change (Y-o-Y): -8.6%

-Guidance: Next quarter EPS guidance: $0.07 - $0.09 Next quarter revenue guidance: $57.5 - $59.0 Mln Full year EPS guidance: $0.44 - $0.47 Full year revenue guidance: $240.0 - $246.0 Mln