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BRIEF-DHI Group plans to divest certain businesses, including biospace, Hcareers
May 3, 2017 / 11:27 AM / 6 months ago

BRIEF-DHI Group plans to divest certain businesses, including biospace, Hcareers

May 3 (Reuters) - DHI Group Inc

* Announces plan for strategic divestitures of certain businesses to optimize execution of its tech-focused plan

* DHI group, inc. Announces first quarter 2017 results and intention to divest certain businesses

* Q1 earnings per share $0.03

* Q1 revenue $52.2 million

* Q1 earnings per share view $0.06 -- Thomson Reuters I/B/E/S

* Plans to divest a number of its online professional communities

* Planned divestitures include: Biospace, Hcareers, Health Ecareers, And Rigzone

* DHI group inc - company expects its year-over-year rate of revenue decline to abate later in 2017

* DHI group inc - company expects its year-over-year rate of revenue decline to abate later in 2017

* DHI group inc - planned divestitures include biospace, hcareers, health ecareers, and rigzone

* DHI group- is in process of engaging a financial advisor to evaluate opportunities to conduct value enhancing divestitures of the non-tech businesses Source text for Eikon: Further company coverage:

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