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Dec 31, 2022
ZipRecruiter Q4 2022 Earnings Report
Announced fourth quarter and full year 2022 results.
Key Takeaways
ZipRecruiter reported a 4% year-over-year decrease in quarterly revenue, amounting to $210.5 million. However, the full-year revenue saw a 22% increase, reaching $904.6 million. The company's full-year net income was $61.5 million, representing a 7% net income margin.
Q4 revenue was $210.5 million, down 4% year-over-year.
Full-year revenue reached $904.6 million, up 22% year-over-year.
Full-year net income was $61.5M, resulting in a 7% net income margin.
Full-year Adjusted EBITDA was $184.9 million, with an Adjusted EBITDA margin of 20%.
ZipRecruiter
ZipRecruiter
Forward Guidance
ZipRecruiter anticipates challenging macroeconomic conditions will continue throughout the balance of the year. 2023 Adjusted EBITDA margin guidance of 24% reflects the ability to navigate dynamic macroeconomic environments while also continuing to invest in product and matching technology.