$4.420
+0.134 (+3.03%)At close
ZIP News
ZIP Events
ZipRecruiter Q2 Revenue $118.1M Beats Expectations
Reports Q2 revenue $118.1M, consensus $112.47M. "ZipRecruiter's momentum accelerated in the second quarter, with revenue growing 5% year-over-year and coming in $6 million above the midpoint of guidance. We believe these results demonstrate that our differentiated approach is resonating. We are leveraging AI to strengthen our active matchmaking and improve the hiring experience by driving more direct, meaningful conversations between employers and job seekers," said Ian Siegel, CEO of ZipRecruiter. "During the quarter, we also opportunistically repurchased $294.6 million of senior unsecured notes at a $65 million discount to par value, meaningfully reducing our debt burden, while preserving a strong cash balance, and enhancing our operational flexibility. With third-quarter guidance calling for continued revenue growth and year-over-year margin expansion, we believe we are poised to take market share and win in the AI era."
Sees Q3 Adjusted EBITDA of $13M-$19M
Sees Q3 adjusted EBITDA $13M-$19M.
ZipRecruiter Appoints Carmen Chan as CFO
ZipRecruiter (ZIP) announced the appointment of Carmen Chan as Chief Financial Officer, effective August 17, 2026. As of the date that Chan assumes the CFO role, Dave Travers will continue his role as President of ZipRecruiter, but will no longer serve as the interim Chief Financial Officer. Chan joins ZipRecruiter from Barclays (BCS), where she served as Managing Director
ZipRecruiter Repurchases $295M Notes at $230M, $65M Discount
ZipRecruiter entered into separate, privately negotiated repurchase agreements with certain holders of its 5% senior unsecured notes due 2030 to repurchase approximately $295M in aggregate principal amount of the Notes for approximately $230M, representing a $65M discount to par value. The Notes repurchase transactions will be paid in cash from the Company's balance sheet. Moelis & Company acted as financial advisor, and Latham & Watkinsacted as legal advisor, to ZipRecruiter in connection with the transactions. The repurchases are closing on a rolling basis, with the final closings expected to occur on or prior to June 30, 2026, subject to the satisfaction of customary closing conditions. Following the Notes repurchase transactions, approximately $255M principal amount of the Notes will remain outstanding from the originally issued principal amount of $550M. The remaining debt will continue to accrue interest at a rate of 5% per annum and will mature in January 2030.
ZipRecruiter Expands Business
ZipRecruiter is expanding…
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