earnings
confidence high
sentiment negative
materiality 0.80
ZipRecruiter Q4 rev $210.5M (-4% y/y); guides FY2023 rev $770-790M (-14% y/y)
ZIPRECRUITER, INC.
2022-FY EPS reported
$0.51
revenue$904,649,000
- Full-year 2022 revenue $904.6M (+22% y/y), net income $61.5M (7% margin), adjusted EBITDA $184.9M (20% margin).
- Q4 paid employers 108.3K (-26% y/y); revenue per paid employer $1,944 (+30% y/y).
- January 2023 revenue down ~15% y/y; Q1 2023 revenue guidance $176-182M (down 23-20% y/y).
- FY2023 revenue guidance $770-790M (down 14% y/y at midpoint); adjusted EBITDA guidance $178-192M (margin 23-24%).
- CEO cites moderating hiring plans and reduced recruitment budgets due to uncertain macro backdrop.