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Wednesday, August 15, 2007

Dice reports first results as a public company

posted by 
David Manaster (211)

Dice Holdings, Inc., the parent company of Dice.com, reported its Q2 2007 results today.  This was their first quarterly report as a public company, since their initial public offering last month.

From their IPO Prospectus and latest quarterly report, here are the organic rates of revenue growth at the core Dice.com web site. (I focus on these numbers because they exclude eFinancialCareers, which Dice acquired in October 2006, making comparisons more difficult.)

Q1 2007 = 51%
Q2 2007 = 36.3%

36% growth is something that most companies would kill for, but Dice is clearly experiencing slower growth in its latest quarter.  

Monster's growth is slowing too (it is growing much more slowly than Dice), and I have not heard of any Dice-specific problems from recruiters or jobseekers, so is this an industry-wide phenomenon, or maybe just the law of big numbers coming into play?



posted 8/15/2007 at 5:11 p.m. PT permalink | comments (0) | trackbacks (0) | email this posting
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