ZipRecruiter(ZIP) - 2024 Q1 - Quarterly Results
ZipRecruiter(ZIP)2024-05-10 04:26
Exhibit 99.2 Q1 2024 Shareholder Letter 1 Q1 2024 Shareholder Letter 2 ToOur Shareholders Q1’24 revenue of $122.2 million was down 33% year-over-year, though it exceeded the midpoint of our guidance range. Net loss in Q1’24 was ($6.5) million while Adjusted EBITDA was $20.8 million, equating to a net loss margin of (5)% and an Adjusted EBITDAmargin of 17%. Though results were above expectations discussed in our last earnings call, the labor market industry backdrop has remained challenging through the first ...