Ziprecruiter Inc Cl A (ZIP) said after close Wednesday that it earned $0.23 per share in quarter three 2023.
On the revenue line, the company reported $155.6 million, beating estimates by $5.8 million.
In the same quarter a year ago, the company earned $0.17 per share on revenue of $227 million.
The stock is up 2.46% to $11.68 after the report.
Despite Ziprecruiter Inc Cl A reporting a decline in revenues, earnings increased signaling a rise in profit margins.
Wall Street Analysts had an average rating of Buy on the stock prior to the report.
Trading in the five days leading up to the report earned Ziprecruiter Inc Cl A a Bullish Sentiment Rank from InvestorsObserver.
Prior to the report, InvestorsObserver gave the stock an overall score of 19. Meanwhile, the average Wall Street analyst rated the stock a Buy.
ZipRecruiter Inc is an online employment marketplace. It was founded to make meaningful connections between job seekers and employers. It connects millions of job seekers with companies of all sizes.
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Ziprecruiter Inc Cl A Up 2.46% To $11.68 After Earnings Beat
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