Dice Holdings Inc. (DHX) filed Quarterly Report for the period ended 2011-09-30.
Dice Holdings Inc has a market cap of $637.2 million; its shares were traded at around $9.49 with a P/E ratio of 24.3 and P/S ratio of 4.9.
This is the annual revenues and earnings per share of DHX over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of DHX.
Highlight of Business Operations:
The Finance segment experienced revenue growth of $2.6 million, or 28.8%. The increase was the result of an increase in recruitment activity in all of the markets this segment serves. Currency impact for the three month period ending September 30, 2011 was an increase of $393,000. In originating currency, revenue increased 37% in Continental Europe, 27% in the Asia Pacific region, 19% in the UK, and 4% in North America.Our cost of revenues for the three month period ended September 30, 2011 were $3.3 million compared to $2.7 million for the same period in 2010, an increase of $648,000, or 24.1%. The increase in cost of revenues was primarily the result of increases at the Tech & Clearance segment of $470,000 and the Energy segment of $283,000. The increase at the Tech & Clearance segment was primarily due to an increase in software subscription and maintenance costs needed to maintain our websites. Additionally, there was an increase in costs as a result of increasing the number of network services personnel we employ and consulting services used, due to higher levels of activity on our websites during the current period. Of the $283,000 increase at the Energy segment, $117,000 is a result of Rigzone being included for the full quarter, with the remainder primarily due to the cost of recruitment events we operate at energy industry conferences.
The Finance segment experienced revenue growth of $9.8 million, or 40.7%. The increase was the result of an increase in recruitment activity in all of the markets this segment serves. Currency impact for the nine month period ended September 30, 2011 was an increase of $1.5 million. In originating currency, revenue increased 43% in the Asia Pacific region, 35% in Continental Europe, 28% in the UK, and 29% in North America.
Revenues for the Energy segment totaled $11.4 million for the nine month period ended September 30, 2011, an increase of $9.7 million from the comparable 2010 period. Of the $9.7 million, $3.9 million of the increase is a result of customer growth and increased usage of our sites, with the remainder due to owning Rigzone and WorldwideWorker for the full nine months in the current period. In the nine month period ended September 30, 2011, approximately $9.0 million of the Energy segment revenue was related to the Rigzone business and $2.4 million to WorldwideWorker.
Our cost of revenues for the nine month period ended September 30, 2011 were $9.6 million compared to $7.0 million for the same period in 2010, an increase of $2.6 million, or 37.9%. The increase in cost of revenues was primarily the result of increases at the Tech & Clearance and Energy segments. The increase at the Tech & Clearance segment was $1.5 million, primarily due to an increase in provisions for sales tax liabilities and an increase in software subscription and maintenance costs needed to maintain our websites. Additionally, there was an increase of $330,000 related to increasing the number of network services personnel we employ and consulting services used, due to higher levels of activity on our websites during the current period. The Energy segment attributed $1.4 million to the increase. Of the $1.4 million increase, $798,000 was due to the Energy businesses being included for the full nine months in the current period, with the remainder primarily due to the cost of recruitment events we operate at energy industry conferences.






