DHI Group Q1 Profit Declines, Trims 2015 Outlook - Quick Facts

(RTTNews) - DHI Group, Inc. (DHX), formerly known as Dice Holdings, Inc., reported that first-quarter net income increased to $5.09 million or $0.09 per share from $4.40 million or $0.08 per share in the prior-year quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report earnings of $0.09 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter grew 5 percent $63.77 million from $60.69 million in the same quarter last year. Seven Wall Street analysts had consensus revenue estimate of $64.54 million for the quarter.

Looking ahead to the second quarter, the company expects earnings in a range of $0.09 to $0.10 per share, on projected revenues between $64.0 million and $65.5 million. Analysts currently expect the company to report earnings of $0.13 per share on revenues of $67.80 million for the quarter.

For fiscal 2015, the company trimmed its earnings guidance to a range of $0.46 to $0.50 per share from the prior forecast range of $0.50 to $0.53 per share. The company also now expects revenues between $263.0 million and $271.0 million, down from the previous outlook between $268.0 million and $276.0 million.

Street is currently looking for full-year 2015 earnings of $0.51 per share on revenues of $272.07 million.