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Sep 30, 2024
ZipRecruiter Q3 2024 Earnings Report
Announced third quarter results with revenue of $117.1 million and a net loss of ($2.6) million.
Key Takeaways
ZipRecruiter reported Q3 2024 results with revenue of $117.1 million and a net loss of $2.6 million. The company's Board of Directors authorized a $100 million increase to its share repurchase program.
Quarterly revenue was $117.1 million.
Quarterly net loss was ($2.6) million, resulting in a net loss margin of (2)%.
Adjusted EBITDA was $15.0 million, with an Adjusted EBITDA margin of 13%.
The company increased its share repurchase program authorization by $100 million.
ZipRecruiter
ZipRecruiter
Forward Guidance
The release contains forward-looking statements regarding expected hiring activity and ZipRecruiter's market share, the long term health of the U.S. labor market, and ZipRecruiter's investment in product and technology.