DHI Group, Inc. (NYSE: DHX), a leading provider of data, insights and employment connections through our specialized services for professional communities in technology and security clearance, financial services, energy, healthcare and hospitality, today reported financial results for the quarter ended June 30, 2016.

"We're pleased overall with the work done to date against our strategic plan focused on continuing to drive value to professionals and employers. While these efforts haven't yet translated into the financial results we expect, we have put in place a number of initiatives in our core brands and our new products that give us confidence in our ability to return the business to profitable growth," said Michael Durney, President and CEO of DHI Group, Inc. "Strategically, DHI will continue to focus on our core talent acquisition brands, candidate pipelining, recruitment marketing and developing new services addressing the evolving needs of the recruitment marketplace."

Q2 2016 Product and Business Highlights

• The Global Industry Group (GIG) has implemented its new team structure to achieve greater operating leverage, including refining its marketing approach to afford efficiencies of scale.
• eFinancialCareers, on a constant currency basis, saw 6% revenue growth, primarily attributable to increased usage of products and services and higher customer engagement levels. Most of eFinancialCareers' key markets saw continued revenue growth this quarter, with Asia Pacific and Continental Europe particularly strong.
• ClearanceJobs continues to benefit from a heightened demand for security cleared professionals along with higher sales of its pay for performance product, driving revenue up 22% year/year.
• Health eCareers revenue rose 8% year/year, primarily driven by stronger sales and usage of core products, new pricing models and favorable market conditions.
• The launch of the Dice Careers mobile app— which provides tech professionals with tools, including predictive analysis of future salary based on career goals and skill improvements— resulted in an 82% year/year jump in new users and higher engagement, enriching our overall data and ability to serve passive candidates.

Recent Developments

Effective August 31, 2016, John Roberts, Chief Financial Officer, will leave the Company.

Mr. Roberts has served as CFO of the Company since October 2013 with overall responsibility for the financial organization, including financial planning, corporate development, accounting, financial reporting, investor relations, treasury, internal audit and tax, as well as the Company's legal organization.

"John has played an important role as our Company has evolved, taking over as CFO as I transitioned to the CEO role," said Michael Durney, President and CEO. "He provided a great amount of stability and direction during the transition and I thank him for his financial leadership and the contributions he has made to DHI."

Mr. Roberts will continue to be employed by the Company through August 31 and will assist with the transition of his responsibilities. The Company has begun a process to appoint a successor to Mr. Roberts and a further announcement will be made in due course.

Stock Repurchase Program

During the second quarter of 2016, the Company purchased approximately 1.4 million shares of its common stock at an average cost of $6.95 per share for a total cost of approximately $9.5 million. At June 30, 2016, approximately $25.1 million remained authorized for repurchase under a $50 million plan that expires inDecember 2016.

About DHI Group, Inc.

DHI Group, Inc. (NYSE: DHX) is a leading provider of data, insights and employment connections through our specialized services for professional communities including technology and security clearance, financial services, energy, healthcare and hospitality. Our mission is to empower professionals and organizations to compete and win through expert insights and relevant employment connections. Employers and recruiters use our websites and services to source and hire the most qualified professionals in select and highly-skilled occupations, while professionals use our websites and services to find the best employment opportunities in and the most timely news and information about their respective areas of expertise. For over 25 years, we have built our company on providing employers and recruiters with efficient access to high-quality, unique professional communities, and offering the professionals in those communities access to highly-relevant career opportunities, news, tools and information. Today, we serve multiple markets located throughout North America,Europe, the Middle East and the Asia Pacific region.