ZipRecruiter Q1 revenue $227M (+81% y/y); raises FY22 guidance

ZIPRECRUITER, INC.

2022-Q1 EPS reported $0.07 revenue$227,260,000

Q1 revenue $227M (+81% y/y); net income $8M; Adjusted EBITDA $37M (16% margin).
Paid employers 150.2K (+31% y/y); revenue per paid employer $1,513 (+38% y/y).
FY2022 revenue guidance raised to $908-922M (23-24% y/y) from prior $878-892M.
FY2022 Adjusted EBITDA guidance raised to $142-156M (16-17% margin) from $123-137M.
Gross margin 91%; CEO cites strong employer demand and tight labor market.

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