DHI Group (DHX) reported mixed Q2 ’24 results as adjusted EBITDA beat consensus and our estimate despite a slight revenue shortfall. As anticipated, bookings underperformed amid ongoing sluggishness in the economy.
Read MoreDHI Group, Inc. (DHX) reports Q2 ’24 results on Wednesday, August 7. Recall that the company announced an organizational restructuring last month, leading us to opine that ongoing macroeconomic softness has likely continued to impact bookings and revenue at Dice.
Read MoreNetScout Systems (NTCT) delivered solid fiscal Q1 ‘25 results, exceeding our estimates and consensus. Relative to our model, the upside was largely attributable to higher than anticipated product sales, which benefited from the extension of an eight-figure, multi-year enterprise license agreement with a Tier-1 service provider in North America.
Read MoreBefore market open yesterday, Peraso (PRSO) announced preliminary Q2 ‘24 revenue of $4.2 million, exceeding management’s guidance of $3.7-$4.0 million, our estimate of $3.8 million and consensus of $3.9 million.
Read MoreAfter market close yesterday, DHI Group (DHX) filed an 8-K announcing an organizational restructuring that will result in a 7% reduction of the company’s workforce and generate annualized savings of $4 million to $6 million.
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