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ZipRecruiter reported a strong second quarter with revenue increasing by 31% year-over-year. However, due to signs of a cooling hiring environment in June, the company lowered its full-year revenue outlook while raising its Adjusted EBITDA guidance.
ZipRecruiter delivered strong growth and profitability in Q2 2022.
Revenue increased to $239.9 million, up 31% year-over-year.
The company is lowering its 2022 revenue outlook to $883M - $897M, representing 20% year-over-year growth.
Adjusted EBITDA guidance was raised to $163M - $177M, representing a 19% margin.
ZipRecruiter expects revenue of $883M - $897M, or 20% YoY Growth and Adjusted EBITDA of $163M - $177M, or 19% margin