05:20 AM EDT, 05/10/2024 (MT Newswires) -- ZipRecruiter ( ZIP ) reported a Q1 loss late Thursday of $0.07 per diluted share, compared with earnings of $0.05 per diluted share a year earlier.

Analysts polled by Capital IQ also expected a loss of $0.07 per share.

Revenue for the quarter that ended March 31 was $122.2 million, down from $183.7 million a year earlier.

Analysts surveyed by Capital IQ expected revenue of $121.3 million.

The company expects Q2 revenue of $114 million to $120 million. Analysts polled by Capital IQ expect Q2 revenue of $125.9 million.

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