DHI Group Inc. Bottom Line Drops 47% In Q1

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

The company said its profit came in at $1.8 million, or $0.04 per share. This was lower than $3.4 million, or $0.07 per share, in last year's first quarter.

Analysts had expected the company to earn $0.06 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 10.5% to $52.2 million. This was down from $58.3 million last year.

DHI Group Inc. earnings at a glance:

-Earnings (Q1): $1.8 Mln. vs. $3.4 Mln. last year. -Earnings Decline (Y-o-Y): -47.1% -EPS (Q1): $0.04 vs. $0.07 last year. -EPS Decline (Y-o-Y): -42.9% -Analysts Estimate: $0.06 -Revenue (Q1): $52.2 Mln vs. $58.3 Mln last year. -Revenue Change (Y-o-Y): -10.5%