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ZipRecruiter Shares Up 4% on Q1 Earnings Beat and Raise -Breaking

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© Reuters. ZipRecruiter shares 4% in Q1 Earnings Beats and Raise

Ziprecruiter Inc (NYSE:) shares were trading around 4% higher after-hours Wednesday following the company’s Q1 earnings results and raised 2022 guidance.

The consensus estimate was $0.00. Quarterly earnings per share came in at $0.07. The consensus estimate was $220.95million. However, the 81% increase in year-over-year growth to $227.9 million beat it.

Q222 revenue is expected to be in the region of $231-257million, which compares with the consensus estimate at $224.65 million. The company anticipates revenues in the $908-922 millions range for the entire 2022-year, as opposed to $892.98 million.

ZipRecruiter’s shares fell 34% over the past year, according to the results.

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