DHI Group shares surge 10.95% intraday after raising full-year EBITDA guidance to 27% and launching a $5M stock buyback program.

DHI Group surged 10.95% intraday after reporting third-quarter results that included a raised full-year Adjusted EBITDA margin guidance to 27%, driven by improved Dice profitability and cost management. The company authorized a new $5 million stock repurchase program, signaling confidence in its AI-driven growth strategy and defense sector positioning amid a $1.1 trillion U.S. defense budget. CEO Art Zeile highlighted ClearanceJobs’ resilience and Dice’s platform modernization, while CFO Greg Schippers emphasized free cash flow generation and operational efficiency. Despite a 9% revenue decline and a $9.6 million intangible asset impairment, non-GAAP earnings of $0.09 per share and 19% Adjusted EBITDA growth outperformed expectations, aligning with the stock’s sharp intraday rally.