Research Feed
DHX Group: First-Time Segment Disclosure Reveals Two-Speed Company
DHI Group's FY2025 10-K (filed Feb 12, 2026) contains a material disclosure change: first-ever segment reporting separating ClearanceJobs and Dice. The numbers reveal a two-speed company with opposite factor exposures. ClearanceJobs is a 43% EBITDA margin cash cow ($23.7M on $54.9M revenue, +1% YoY)
ClearanceJobs Turnaround: Sales Execution + Defense Budget Catalyst
DHX posted Q4 2025 results that confirm an execution turnaround at ClearanceJobs, the company's higher-margin defense hiring platform. The stock jumped 15% on earnings, but the market may still be underpricing the convergence of fixed sales execution + accelerating defense budgets. ClearanceJobs inf