Earnings release
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ZipRecruiter Ⓡ Exhibit 99.1 ZipRecruiter Announces First Quarter 2021 Results and 2021 Guidance Quarterly revenue increased to $ 125 million , up 11 % y / y ; Q2 2021 revenue is expected to be $ 157 to $ 163 million , up 79 % to 86 % y / y SANTA MONICA , CA , May 17 , 2021 – ZipRecruiter® , a leading online employment marketplace , today announced financial results for the quarter ended March 31 , 2021. ZipRecruiter's complete first quarter financial results , financial guidance and management commentary can be found by accessing the Company's shareholder letter on the quarterly results page of the investor relations website at investors.ziprecruiter.com . In April , ZipRecruiter filed a registration statement with the U.S. Securities and Exchange Commission for a direct listing of its common stock . The Company's registration statement was declared effective on May 14th , and its Class A common stock is expected to begin trading on the New York Stock Exchange under the ticker symbol “ ZIP ” on May 26 , 2021 . “ In our first public earnings report , ZipRecruiter delivered record revenue in Q1 . We are issuing guidance for the year that maps to the strong signs of recovery in the U.S. hiring market . We believe that we are in the early stages of a significant resurgence of job growth during the once - in - a - lifetime reopening of the economy after the pandemic . We are well - positioned to take advantage of this moment as we continue to actively connect people to their next great opportunity . ZipRecruiter is helping America get back to work , and we are in the very early stages of our long - term growth opportunity , ” said Ian Siegel , CEO of ZipRecruiter . Conference Call Details ZipRecruiter will host a conference call today , May 17 at 1:30 pm Pacific Time to discuss its financial results . A live webcast of the call can be accessed from ZipRecruiter's Investor Relations website at investors.ziprecruiter.com . An archived version will be available on the website two hours after the completion of the call . Investors and analysts can participate in the conference call by dialing +1 ( 833 ) 979-2842 , or +1 ( 236 ) 714-2904 for callers outside the United States , and mention the passcode , " ZipRecruiter " or by referencing conference ID " 8391396 ” . A telephonic replay of the conference call will be available until 8:59 p.m. Pacific Time on May 24 , 2021 , beginning two hours after the end of the conference call . To listen to the