KANZHUN LIMITED Announces First Quarter 2024 Financial Results
KANZHUN LIMITED - American Depository Shares (BZ)
Company Research
Source: GlobeNewswire
BEIJING, May 21, 2024 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Revenues for the first quarter of 2024 were RMB1,703.8 million (US$236.0 million), an increase of 33.4% from RMB1,277.5 million for the same quarter of 2023.Calculated cash billings1 for the first quarter of 2024 were RMB2,050.7 million (US$284.0 million), an increase of 24.3% from RMB1,649.6 million for the same quarter of 2023.Average monthly active users2 for the first quarter of 2024 were 46.6 million, an increase of 17.4% from 39.7 million for the same quarter of 2023.Total paid enterprise customers3 in the twelve months ended March 31, 2024 were 5.7 million, an increase of 42.5% from 4.0 million in the twelve months ended March 31, 2023.Net income for the first quarter of 2024 was RMB241.7 million (
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BZ
News
- KANZHUN LIMITED repurchased RMB74 million ordinary shares under its repurchase planGlobeNewswire
- Kanzhun Limited (NASDAQ: BZ) is now covered by analysts at HSBC Holdings plc. They set a "buy" rating and a $30.00 price target on the stock.MarketBeat
- Kanzhun Limited (NASDAQ: BZ) had its price target raised by analysts at UBS Group AG from $22.00 to $23.50. They now have a "neutral" rating on the stock.MarketBeat
- Kanzhun Limited (NASDAQ: BZ) had its price target raised by analysts at JPMorgan Chase & Co. from $23.00 to $24.50. They now have an "overweight" rating on the stock.MarketBeat
- KANZHUN LIMITED to Hold Annual General Meeting on June 28, 2024GlobeNewswire
BZ
Earnings
- 5/21/24 - Beat
BZ
Sec Filings
- 6/14/24 - Form 144
- 6/6/24 - Form 6-K
- 6/5/24 - Form 6-K
- BZ's page on the SEC website