Ziprecruiter Stock Jumps on Strong Revenue Growth

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Ziprecruiter stock is on the rise after revenue soared in Q2. Stock highlights:

Quarterly revenue increased to $183 million, up 109% y/y.

Company expects a robust hiring environment to drive strong growth in the second half of 2021.

Now trading at $29

ZipRecruiter®, a leading online employment marketplace, today announced financial results for the quarter ended June 30, 2021. ZipRecruiter’s complete second quarter financial results, financial guidance and management commentary can be found by accessing the Company’s shareholder letter on the quarterly results page of the investor relations website at investors.ziprecruiter.com.

“ZipRecruiter delivered record revenue in Q2, our first quarter as a public company. We are seeing high levels of activity on both sides of our marketplace and ZipRecruiter is helping America get back to work by actively connecting people to their next great opportunity. Our guidance calls for robust growth in 2021 and we believe that we are still in the very early stages of our long-term growth opportunity,” said Ian Siegel, CEO of ZipRecruiter.

Conference Call Details

ZipRecruiter will host a conference call today, August 12 at 2:00 p.m. Pacific Time to discuss its financial results. A live webcast of the call can be accessed from ZipRecruiter’s Investor Relations website at investors.ziprecruiter.com.

An archived version will be available on the website two hours after the completion of the call. Investors and analysts can participate in the conference call by dialing +1 (833) 979-2842, or +1 (236) 714-2904 for callers outside the United States, and mention the passcode, “ZipRecruiter” or by referencing conference ID “5938228”. A telephonic replay of the conference call will be available until Thursday, August 19, 2021, beginning two hours after the end of the conference call. To listen to the replay please dial +1 (800) 585-8367 or +1 (416) 621-4642 for callers outside the United States and enter replay code “5938228”.

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