ZipRecruiter, Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 04:05 pm EDT
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ZipRecruiter, Inc. reported consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported revenue of $125.372 million against $113.292 million a year ago. Income from operations was $16.466 million against loss from operations of $10.774 million a year ago. Net income was $13.398 million against $11.082 million a year ago. Net income per basic share was $0.12 against net loss per basic share of $0.15 a year ago. Net income per diluted share was $0.10 against net loss per basic share of $0.15 a year ago.
ZipRecruiter, Inc. provides a two-sided marketplace for work that simplifies the job market for both job seekers and employers. The Company enables work by connecting job seekers and employers in its marketplace. The Companyâs technology delivers matches to its employers immediately after a job goes live and provides tools to streamline the candidate selection process. It provides job seekers with access to various jobs from all over the Internet. Job seekers can filter this array of opportunities by using numerous criteria to find the handful of potential matches on its Website or in its mobile app. On ZipRecruiter, job seekers create a profile and can then apply for certain opportunities with a single click. Its one-click application technology works across both its marketplace and certain Job Distribution Partners to remove barriers between a job seeker and their next opportunity. Jobs posted are distributed to well over 1,000 sites managed by its Job Distribution Partners.