Overview
ZipRecruiter's Q1 revenue beat analyst expectations
Q1 adjusted EBITDA surpassed analyst consensus
Company posted a Q1 net loss with a 4% net loss margin
Outlook
Company did not provide specific financial guidance for the current or future periods
Result Drivers
AI-POWERED MATCHING - Co said its AI-powered matching technology is driving engagement between job seekers and employers
DISCIPLINED EXECUTION - CEO said Q1 results were achieved through disciplined execution
ACCELERATED INNOVATION - Co said pace of innovation across its marketplace is accelerating
Company press release: ID:nBwMKr8la
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$107.50 mln
$106.11 mln (6 Analysts)
Q1 Net Income
-$4.70 mln
Q1 Adjusted EBITDA
Beat
$9.70 mln
$5.52 mln (6 Analysts)
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)