Paycor HCM Inc is a leading provider of human capital management (HCM) software solutions designed to empower businesses in managing their workforce more effectively
The company offers a comprehensive suite of cloud-based services that includes payroll processing, human resources management, talent acquisition, and time and attendance tracking. By streamlining administrative tasks and improving employee engagement, Paycor helps organizations optimize their HR processes and focus on strategic initiatives that drive growth and enhance productivity. Their solutions cater primarily to small and medium-sized businesses, providing user-friendly tools that simplify complex HR functions and ensure compliance with regulatory requirements.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how finance and hr software stocks fared in Q2, starting with Zuora (NYSEZUO).
Shares of online payroll and human resource software provider Paycor (NASDAQPYCR)
jumped 26.1% in the morning session after Bloomberg reported that Paychex, a competitor, is in discussions to acquire the company (Paycor). Sources indicate that negotiations are ongoing, and a deal has not yet been finalized.
Wall Street is in full risk-on mode, as traders eagerly snap up technology stocks, particularly semiconductors, ahead of Nvidia Corp. (NASDAQNVDA) CEO Jensen Huang‘s speech later on Monday at the Consumer Electronics Show
What a fantastic six months it’s been for Paycor. Shares of the company have skyrocketed 77.1%, hitting $20.35. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how finance and HR software stocks fared in Q3, starting with Flywire (NASDAQFLYW).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how HR software stocks fared in Q3, starting with Paylocity (NASDAQPCTY).
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the HR software industry, including Dayforce (NYSEDAY) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how hr software stocks fared in Q3, starting with Paychex (NASDAQPAYX).
Online payroll and human resource software provider Paycor (NASDAQPYCR) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 16.6% year on year to $167.5 million. The company expects next quarter’s revenue to be around $177 million, close to analysts’ estimates. Its non-GAAP profit of $0.10 per share was also 30.1% above analysts’ consensus estimates.
