earnings
confidence high
sentiment negative
materiality 0.75
ZipRecruiter FY2023 revenue $645.7M (-29% YoY), Adj. EBITDA $175.3M; Q1 guide $117-123M
ZIPRECRUITER, INC.
2023-FY EPS reported
$0.46
revenue$645,722,000
- Q4 revenue $135.9M (-35% YoY); full-year revenue $645.7M (-29% YoY).
- Full-year net income $49.1M (8% margin); Adjusted EBITDA $175.3M (27% margin, up 7pp YoY).
- Q4 paid employers 70.7K (-35% YoY); revenue per paid employer $1,922 (-1% YoY).
- Q1 2024 revenue guidance $117-123M; Adjusted EBITDA $14-20M (margin 12-16%).
- CEO cites 'one of the slowest hiring markets in recent memory'; investing in AI matching and ATS integrations.