earnings
confidence high
sentiment negative
materiality 0.70
ZipRecruiter Q2 rev $123.7M (-27% YoY), Adj EBITDA $27.8M; guides Q3 rev $109-115M; acquires Breakroom
ZIPRECRUITER, INC.
2024-Q2 EPS reported
$0.00
revenue$245,897,000
- Revenue $123.7M, down 27% YoY; net income $7.0M (6% margin); Adj EBITDA $27.8M (23% margin), above top end of guidance.
- Q3 2024 guidance: revenue $109-115M, Adj EBITDA $7-13M (6-11% margin).
- Paid employers 70.5K, down 31% YoY; revenue per paid employer $1,755, up 5% YoY.
- Web traffic up 22% YoY; organic traffic up 30% YoY.
- Acquired UK-based Breakroom, an employer review platform for frontline workers; plans US launch.