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dice rolls into the red

Thu, Feb 5, 2009

News

Dice Holdings reported a net loss of $2.9 million during their Q4 earnings call, down from the $1.8 million profit in Q407 and $6.4 million profit posted last quarter.

The company, which specializes in job sites for the tech, financial, and government contractor industries, said that currency conversions between the pound and the dollar decreased revenues by $2.3 million.

Revenues came in at $35.5 million, down 10 percent from $39.5 million in Q407 and down 10.4 percent from the previous quarter.

All three of the company’s sectors were affected, including the tech site Dice.com, which reported revenues that were down 5 percent from a year ago.

Dice’s eFinancialCareers.com reported $7.6 million in revenues, down 21 percent from last year. Other sites including JobsintheMoney.com and the company’s job fairs business reported $2.2 million in revenues, down 19 percent from last year.

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This post was written by:

Vanessa Dennis - who has written 621 posts on Cheezhead Recruiting News and Opinion.

Vanessa Dennis, originally from Austin, Texas, was a corporate recruiter for two years before becoming a writer for Cheezhead.com. Vanessa has an English Writing degree from Loyola University of New Orleans. She currently lives with her family in Cleveland. Connect with Vanessa on the Facebook Fan Site.

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