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Stock impact report

ZipRecruiter Inc (ZIP) Q3 2024 Earnings Call Highlights: Navigating Market Challenges with ... [Yahoo! Finance]

ZipRecruiter, Inc. Class A (ZIP) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA: $15 million, with an adjusted EBITDA margin of 13%. Quarterly Paid Employers: 65,000, a 27% decrease year over year. Revenue per Paid Employer: $1,795, up 3% year over year. Cash, Cash Equivalents, and Marketable Securities: $498 million as of September 30, 2024. Q4 Revenue Guidance: $107 million at the midpoint, a 21% decline year over year. Q4 Adjusted EBITDA Guidance: $9 million at the midpoint, with an 8% adjusted EBITDA margin. Warning! GuruFocus has detected 6 Warning Signs with KAR. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript ZipRecruiter Inc ( NYSE:ZIP ) exceeded the high end of guidance for both revenue and adjusted EBITDA in Q3 2024. The company has seen a 13% year-over-year increase in job seeker traffic, outperforming its largest competitors. Zip Intro, a new product, has been fully launched and is gaining strong traction, with employers receiving Show less Read more
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