BOSS Zhipin Q2 Revenue Accelerates 14.1%, MAU Tops 70M, Buyback+Dividend Exceeds $530M
BZ is trading near its 52-week low of $12.57 (15% above the low) on elevated volume (1.9× avg).
Summary
BOSS Zhipin reported Q2 revenue of RMB2,399M, up 14.1% YoY with growth accelerating 6.5pp from Q1. Operating income jumped 32.6% to RMB863M, and adjusted operating income rose 19.2% to RMB1,050M. MAU crossed 70M for the first time, and paid enterprise customers grew 10.8% to 7.2M. The company completed over US$300M in buybacks this year and declared a US$230M dividend, together exceeding 100% of prior-year adjusted net income. Management committed to returning at least 50% of adjusted net income annually through 2028. This follows the CEO's $110M block sale disclosed earlier today, which may temper enthusiasm despite strong fundamentals.
At the time of this announcement, BZ was trading at $14.44 on NASDAQ in the Technology sector, with a market capitalization of approximately $7B. The 52-week trading range was $12.57 to $24.73. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.