Dice Holdings up on 76% Q3 revenue boost

Dice Holdings, Inc. (NYSE: DHX) shares are jumping after the website operator announced third-quarter revenue of $38.2 million, above analyst estimates of $36.5 million and 76% above $21.7 million a year earlier.

“We were pleased with third-quarter results, which were characterized by strong organic growth in a more challenging market environment,” CEO Scot Melland said in a statement. “We are confident that our model will continue to drive value over the long run.”

The firm’s quarterly revenue was bolstered by its acquisition of the jobs website eFinancialCareers, which accounted for 22% of third-quarter revenue.

The New York City-based company’s profit for the three months ended Sept. 30 totaled $4.2 million, or $0.07 per share, above Wall Street projections of $0.05 per share and compared with $3.2 million, or $0.06 per share, during the same period of 2006.

In morning trading, DHX shares are up 8.67%, or $1.04, at $13.04. Over the last 52 weeks, shares have ranged from $7.67 to $14.98.

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