DHI Group Q4 Slips To Loss In Q4; Sees Q1, FY16 Earnings Below Estimates

(RTTNews) - DHI Group Inc. (DHX), formerly known as Dice Holdings, Inc., a provider of data, insights and employment connections, reported Wednesday that its fourth-quarter net loss was $28.2 million or $0.56 per share, compared to profit of $6.5 million or $0.12 per share last year.

On average, 5 analysts polled by Thomson Reuters expected earnings of $0.11 per share. Analysts' estimates typically exclude special items.

Total revenues declined 4 percent to $65.1 million from $67.8 million a year ago. Excluding Slashdot Media, total revenues were $61.4 million. Analysts were looking for revenues of $64.53 million.

Adjusted EBITDA, a key earnings metric, was $18.7 million, down 7 percent from $20.1 million last year.

Looking ahead, for the first quarter, the company expects net income of $3.4 million to $3.8 million or $0.07 to $0.08 per share on revenues between $57 million and $58.5 million.

For fiscal 2016, the company expects net income of $23 million to $24.5 million or $0.45 to $0.48 per share on revenues between $241 million and $250 million.

Analysts expect earnings of $0.11 per share on revenues of $256.70 million for the first quarter, and earnings of $0.52 per share on revenues of $258.92 million for the year.