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ZipRecruiter, Inc. - ZIP STOCK NEWS

Welcome to our dedicated page for ZipRecruiter news (Ticker: ZIP), a resource for investors and traders seeking the latest updates and insights on ZipRecruiter stock.

ZipRecruiter, Inc. (symbol: ZIP) is a leading online employment marketplace that significantly streamlines the hiring process for both job seekers and employers. Founded with the mission of making meaningful connections, ZipRecruiter has revolutionized the way people find jobs and how companies recruit talent.

With its web-based platform, ZipRecruiter allows employers to post job listings to over 100 job boards with just one click, making it the fastest and easiest way to get job listings in front of millions of candidates. The platform also provides a centralized location for finding, screening, and tracking applicants, helping employers make the best hiring decisions quickly and cost-effectively.

ZipRecruiter has recently introduced digital onboarding for all subscribers, further simplifying the hiring process. This new feature enhances the platform's core functionality by enabling seamless integration of new hires into the company, ensuring a smooth transition and faster productivity.

ZipRecruiter's innovative approach acts as a matchmaker between job seekers and employers. Unlike traditional job sites, it curates job opportunities for job seekers and suitable candidates for employers, making job searches more efficient and relevant.

In terms of financial performance, ZipRecruiter has shown consistent growth, driven by its expanding user base and continuous innovations in its platform. The company has also formed strategic partnerships to extend its reach and capabilities, solidifying its position as a key player in the online employment sector.

For the latest updates, performance metrics, and news about ZipRecruiter, visit their official website at www.ziprecruiter.com.

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ZipRecruiter (NYSE: ZIP) has announced the pricing of $550 million in Senior Notes with a 5.000% interest rate due in 2030, increased from an initial offering of $500 million due to market demand. The offering is set to close on January 12, 2022. Interest will be paid semi-annually, starting July 15, 2022. The funds will be used for general corporate purposes, including capital expenditures and working capital. The notes will be sold privately to qualified institutional buyers under specific regulations and are not registered under the Securities Act.

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ZipRecruiter (NYSE: ZIP) announced plans to offer $500 million in Senior Notes due 2030 in a private offering, pending market conditions. The proceeds will be used for general corporate purposes, including capital expenditures and working capital. The notes will be offered to qualified institutional buyers under Rule 144A and outside the U.S. under Regulation S. The offering is subject to various market factors.

This announcement does not constitute an offer to sell or buy the notes and is aimed at institutional investors only.

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ZipRecruiter (NYSE: ZIP) has announced key executive promotions effective today, positioning itself for future growth. David Travers has been promoted to President, overseeing Corporate Development and Finance, while Timothy Yarbrough becomes Chief Financial Officer, having previously served as Chief Business Officer. Amy Garefis has been appointed Chief Accounting Officer, further strengthening the finance team. CEO Ian Siegel emphasized the importance of these executives in driving the company's mission to connect job seekers with opportunities amid a dynamic U.S. economy.

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ZipRecruiter, a leading online employment marketplace, will present at three virtual investor conferences in December 2021. The events include the Wells Fargo TMT Summit on December 2, Raymond James Technology Investors Conference on December 6, and Barclays Global TMT Conference on December 8. Live webcasts will be available on their investor relations website. ZipRecruiter continues to be a top-rated job search app across platforms and is recognized for connecting job seekers with opportunities effectively.

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ZipRecruiter reported a record quarterly revenue of $213 million, representing a 107% year-over-year increase. The company attributes this growth to strong performance and robust demand in its marketplace. Consequently, it has raised its full-year guidance for revenue and Adjusted EBITDA for 2021. CEO Ian Siegel emphasized the importance of connecting job seekers with opportunities as hiring trends remain strong despite job-seeking activity being below pre-pandemic levels.

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ZipRecruiter has integrated with Worthi® by Citi, offering job seekers essential resources to enhance their skills for new career opportunities. With over 20% of U.S. workers contemplating job changes, this collaboration aims to facilitate skill acquisition and job matching. Worthi provides insights into in-demand skills and connects users to online courses. Job postings requiring no prior experience have seen a 15.3% increase since 2018, underscoring the evolving job market. This partnership supports the growing need for accessible skill development tools.

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ZipRecruiter, a top online employment marketplace, will release its third quarter 2021 financial results on November 10, 2021. The company will host a conference call at 2:00 PM PT to discuss the results for the period ending September 30, 2021. Investors can access the live webcast on their website.

ZipRecruiter has maintained its position as the #1 job search app on iOS and Android over the past four years and is recognized as the top employment marketplace by G2.

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FAQ

What is the current stock price of ZipRecruiter (ZIP)?

The current stock price of ZipRecruiter (ZIP) is $9.35 as of November 5, 2024.

What is the market cap of ZipRecruiter (ZIP)?

The market cap of ZipRecruiter (ZIP) is approximately 928.8M.

What is ZipRecruiter?

ZipRecruiter is an online employment marketplace that connects job seekers with employers. The platform allows companies to post job listings to multiple job boards with one click and offers tools for screening and tracking applicants.

How does ZipRecruiter work?

Employers can post job listings to over 100 job boards with one click, manage all applicants through an online interface, and use digital onboarding tools. Job seekers receive curated job opportunities tailored to their profiles.

What distinguishes ZipRecruiter from traditional job sites?

Unlike traditional job sites, ZipRecruiter acts as a matchmaker, curating job opportunities for job seekers and matching employers with suitable candidates, making the job search process more efficient and relevant.

How can I post a job on ZipRecruiter?

To post a job, visit www.ziprecruiter.com, create an account, and follow the simple steps to get your job listing in front of millions of candidates.

What is digital onboarding on ZipRecruiter?

Digital onboarding is a feature available to all subscribers that enables seamless integration of new hires into companies, ensuring a smooth transition and faster productivity.

How many job seekers and employers use ZipRecruiter?

ZipRecruiter connects millions of job seekers with companies of all sizes, making it a two-sided marketplace for work.

How does ZipRecruiter help employers?

ZipRecruiter helps employers by providing a centralized platform for posting jobs, managing applicants, and making efficient hiring decisions at a fraction of the cost of traditional job boards.

Is ZipRecruiter free to use?

Employers can try posting a job for free by visiting www.ziprecruiter.com. Various subscription plans are available for continued use and additional features.

Can I track the status of my job applications on ZipRecruiter?

Yes, both employers and job seekers can track the status of job applications through the platform's intuitive online interface.

Where can I find the latest news about ZipRecruiter?

For the latest updates, news, and performance metrics, visit ZipRecruiter's official website at www.ziprecruiter.com.

ZipRecruiter, Inc.

NYSE:ZIP

ZIP Rankings

ZIP Stock Data

928.81M
76.71M
7.33%
78.28%
3.94%
Staffing & Employment Services
Services-computer Programming, Data Processing, Etc.
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United States of America
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