Evercore ISI Downgrades ZipRecruiter (ZIP) to In Line, 'Downgrading A Late Cycle Recovery Play'

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Go back to Evercore ISI Downgrades ZipRecruiter (ZIP) to In Line, 'Downgrading A Late Cycle Recovery Play'

ZipRecruiter Announces Second Quarter 2023 Results

August 8, 2023 4:05 PM EDT

Quarterly revenue $170.4 million, down 29% y/y

Net income of $14.4 million, or net income margin of 8%

Adjusted EBITDA of $43.3 million, or Adjusted EBITDA margin of 25%

SANTA MONICA, Calif.--(BUSINESS WIRE)-- ZipRecruiter®, a leading online employment marketplace, today announced financial results for the quarter ended June 30, 2023. ZipRecruiters complete second quarter 2023 results, financial guidance, and management commentary can be found by accessing ZipRecruiters shareholder letter on the quarterly results page of the Investor Relations website at... More