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BEIJING - On Wednesday, Kanzhun Limited (NASDAQ:BZ; HKEX:2076), the operator of leading Chinese online recruitment platform BOSS Zhipin, reported second quarter earnings that exceeded analyst expectations, driven by strong user growth and improved operational efficiency.
The company saw its shares surge 3.94% in pre-market trading following the release.
The company posted adjusted earnings per share of RMB2.09 ($0.29) for the second quarter, surpassing the analyst estimate of RMB1.90. Revenue reached RMB2.1 billion ($293.5 million), slightly above the consensus estimate of RMB2.08 billion and representing a 9.7% increase YoY. The company’s stock jumped following the announcement as investors responded positively to the earnings beat and strong guidance.
Kanzhun’s user base continued to expand, with average monthly active users increasing 16.5% YoY to 63.6 million. Total (EPA:TTEF) paid enterprise customers grew 10.2% YoY to 6.5 million in the twelve months ended June 30, 2025.
"In the second quarter of this year, we maintained our industry-leading user growth momentum," said Jonathan Peng Zhao, Founder, Chairman and Chief Executive Officer. "With the job market exhibiting a sustained recovery trend, our platform’s user ecosystem has strengthened, and we have seen decent growth in both enterprise user engagement and the number of paying customers."
For the third quarter of 2025, Kanzhun expects revenue between RMB2.13 billion and RMB2.16 billion, representing YoY growth of 11.4% to 13.0%, indicating continued momentum.
The company also announced a share repurchase program of up to $250 million and adopted an annual dividend policy, with an initial dividend of $0.168 per ADS, totaling approximately $80 million.
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