BOSS Zhipin (BZ) Sees Over 3% Rise Amid Strong Q3 Financial Results

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Dec 11, 2024

BOSS Zhipin (BZ, Financial) shares rose over 3% to $14.57. The company reported a third-quarter revenue of RMB 1.912 billion, marking a 19% year-over-year increase. Net profit for the same period was RMB 464 million. Adjusted operating profit reached RMB 605 million, with an adjusted operating margin exceeding 30%. The app's average monthly active users (MAU) grew 30% to 58 million. From January to September 2024, over 40 million new users completed their profiles. The number of new job postings on the platform increased by 18% year-over-year in Q3. As of September 30, 2024, the number of paying enterprise clients reached 6 million, up 22.4% from the previous year.

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