ZipRecruiter Analysts Lower Their Forecasts Following Q2 Results
ZipRecruiter beat Q2 earnings expectations with a smaller loss than forecasted. Q2 sales reached $112.23 million, exceeding the $111.91 million estimate. Guidance for Q3 sales is $113 million, above analyst expectations. The stock rose 8.8% following the positive earnings surprise. Analysts maintain Neutral ratings with lowered price targets across firms.
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