ZipRecruiter Q2 Sales $170.40M Beat $169.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
ZipRecruiter reported Q2 sales of $170.40 million, beating the analyst consensus estimate of $169.55 million by 0.50 percent. However, this represents a 28.98 percent decrease compared to the same period last year.
August 08, 2023 | 8:16 pm
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ZipRecruiter's Q2 sales exceeded estimates but are down nearly 29% compared to last year.
While ZipRecruiter beat the sales estimates, the significant YoY decrease could be a concern for investors. This mixed result makes the short-term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100