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.
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.
Analyze how earnings announcements historically affect stock price performance