ZipRecruiter Inc. (ZIP) shares surged 7.88% in the after-hours trading session on Tuesday, following the company's better-than-expected fourth quarter sales results and an improved outlook for 2025 amid signs of stabilizing hiring trends.
The online job marketplace reported Q4 2024 sales of $111 million, down 18.3% year-over-year but beating analyst estimates of $107.8 million. For the full year, ZipRecruiter posted revenue of $474 million and an Adjusted EBITDA of $78 million or 16% margin. CEO Ian Siegel commented, "Despite the protracted labor market downturn, we enter 2025 with cautious optimism on improving revenue trends from both internal and external indicators." The company expects Q1 2025 revenue of around $109 million, an improvement from the sequential quarterly declines seen in 2023 and 2024.
While ZipRecruiter benefited from new product launches and M&A activity in 2024, the company faced headwinds from a difficult hiring environment amid economic uncertainty. However, management believes its marketplace is well-positioned to capture market share when hiring conditions recover, supported by ZipRecruiter's balance sheet strength.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。