ZipRecruiter, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:12 pm EST
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ZipRecruiter, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 155.63 million compared to USD 226.97 million a year ago. Net income was USD 24.08 million compared to USD 20.56 million a year ago. Basic earnings per share from continuing operations was USD 0.24 compared to USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.17 a year ago.
For the nine months, sales was USD 509.8 million compared to USD 694.17 million a year ago. Net income was USD 43.47 million compared to USD 42.08 million a year ago. Basic earnings per share from continuing operations was USD 0.43 compared to USD 0.36 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to USD 0.34 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.
ZIPRECRUITER, INC. 
