earnings
confidence high
sentiment neutral
materiality 0.70
ZipRecruiter Q1 revenue $183.7M (-19% YoY); adjusted EBITDA $35.3M; adds $100M buyback
ZIPRECRUITER, INC.
2023-Q1 EPS reported
$0.05
revenue$183,749,000
- Q1 revenue $183.7M, down 19% YoY; GAAP net income $5.0M, margin 3%.
- Adjusted EBITDA $35.3M, 19% margin, above expectations; FY2023 adjusted EBITDA guidance maintained at $185M midpoint.
- Board authorized additional $100M share repurchase, bringing total program to $550M.
- Approximately $50.5M remained under previous $450M authorization as of March 31, 2023.