ZipRecruiter Analysts Lower Their Forecasts Following Q2 Results

ZipRecruiter, Inc. (NYSE:ZIP) reported better-than-expected second-quarter results and issued third-quarter sales guidance above estimates on Monday.

ZipRecruiter posted a quarterly loss of 10 cents per share, versus market estimates of a loss of 12 cents per share. The company's sales came in at $112.23 million versus expectations of $111.91 million.

ZipRecruiter said it sees third-quarter sales of $113.000 million versus estimates of $112.97 million.

“While the broader labor market remains soft, ZipRecruiter’s financial performance shows early signs of momentum. Quarterly Paid Employers have grown sequentially since Q4’24, and the midpoint of our guidance would mark the first time since 2021 that revenue grows sequentially from Q2 to Q3. These trends reinforce our belief that a return to modest year-over-year revenue growth in the fourth quarter is ...