ZipRecruiter, Inc. (ZIP) Q3 2024 Earnings Call Transcript Summary
ZipRecruiter, Inc. (ZIP) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the ZipRecruiter, Inc. (ZIP) Q3 2024 Earnings Call Transcript:
以下是ZipRecruiter,Inc. (ZIP) 2024年第三季度業績會文本摘要:
Financial Performance:
財務表現:
Q3 2024 revenue was $117.1 million, a decrease of 25% year-over-year, primarily due to reduced demand from SMBs.
Net loss for Q3 was $2.6 million compared to a net income of $24.1 million in Q3 2023.
Adjusted EBITDA was $15 million with a margin of 13%, down from $54.4 million and a 35% margin in Q3 2023.
2024年第三季度營業收入爲11710萬美元,同比下降25%,主要是由於SMB的需求減少。
第三季度淨虧損爲260萬美元,而2023年第三季度爲淨利潤2410萬美元。
調整後的EBITDA爲1500萬美元,利潤率爲13%,低於2023年第三季度的5440萬美元和35%的利潤率。
Business Progress:
業務進展:
Successfully launched ZipIntro across all subscription customers in Q3, significantly improving hiring speed with positive initial feedback.
Introduced a next-generation resume database enhancing employer experience with advanced search and instant access capabilities.
Improved matching technology and email notification algorithms, leading to increased job seeker engagement and application rates.
在第三季度成功推出了ZipIntro,大大提高了所有訂閱用戶的招聘速度,並獲得了積極的初步反饋。
推出了下一代簡歷數據庫,增強了僱主體驗,具有先進的搜索和即時訪問功能。
改進的匹配技術和郵件通知算法,導致求職者參與度和申請率增加。
Opportunities:
機會:
The end of the 'great stay' where currently employed individuals are holding onto their jobs at a historically low rate, is seen as a potential future tailwind to revive hiring levels.
Plan to launch Breakroom in the US to further diversify and enhance service offerings.
Expected increases in job seeker web traffic and market share gains providing a stronger foundation for future revenue growth from employers.
當前就業人員將工作保留在歷史低點的「大滯留」結束被視爲未來複蘇招聘水平的潛在助推力。
計劃在美國推出Breakroom,以進一步實現服務提供的多樣性和增強。
預計求職者網站流量增加和市場份額提高,爲未來的營收增長提供更堅實的基礎,從而爲僱主提供更好的服務。
Risks:
風險:
Persistent economic challenges and a protracted labor market downturn are expected to continue affecting hiring trends and employer activity, projecting a 21% year-over-year decline in Q4 2024 revenue.
Decrease in quarterly paid employers reflects ongoing uncertainties and volatility in the labor market.
持續存在的經濟挑戰和長期的勞動力市場低迷預計將繼續影響招聘趨勢和僱主活動,預計2024年第四季度營收將同比下降21%。
季度付費僱主數的減少反映了勞動力市場持續存在的不確定性和波動性。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。