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we saw signs that we were potentially approaching a trough for much of Q2, trends in the last few weeks of June and through July make us more cautious in our expectations for Q3
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2024 Q2
9 Aug 24
Our Q3 '24 revenue guidance of $112 million at the midpoint represents a 28% decline year-over-year and a 9% decline quarter-over-quarter.
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2024 Q2
9 Aug 24
Quarterly paid employers were 70,000, representing a 31% decrease versus Q2 '23 and a 2% decrease sequentially.
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2024 Q2
9 Aug 24
The slight decline quarter-over-quarter reflects the continued uncertainty and volatility of the labor market.
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2024 Q2
9 Aug 24
revenue increased 1% quarter-over-quarter, our first sequential increase since Q2 2022
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2024 Q2
9 Aug 24
Our second quarter revenue of $124 million represents a 27% decline year-over-year, primarily due to continued softness in hiring demand.
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2024 Q2
9 Aug 24
The year-over-year decrease in quarterly paid employers is primarily reflective of reduced demand from SMBs.
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2024 Q2
9 Aug 24
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