secwatch.observer — SEC 8-K summary
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Issuer:     ZIPRECRUITER, INC. (ZIP)
CIK:        0001617553
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001617553-24-000044
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ZipRecruiter Q2 rev $123.7M (-27% YoY), Adj EBITDA $27.8M; guides Q3 rev $109-115M; acquires Breakroom
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617553/000161755324000044/0001617553-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617553/000161755324000044/zip-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001617553-24-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer