Paycor HCM

Paycor HCM, Inc. operates as a holding company, which engages in the development and provision of a software-as-a-service platform. It offers human capital management solutions for small and medium-sized businesses. Its products include human resources and payroll software, workforce management, benefits administration, talent management, and employee engagement. The company was founded on August 24, 2018, and is headquartered in Cincinnati, OH.

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Paycor reports strong Q1 earnings, anticipates growth through strategic initiatives

Paycor's Q1 2023 earnings call highlighted strong financial results, strategic acquisitions, and technological advancements. While the company faces challenges in partnership ramp-up and revenue normalization, it has significant opportunities for growth through cross-selling talent solutions and ethical AI use. Overall, Paycor's performance and strategic initiatives position it for continued success in the market.

Paycor HCM reports robust Q2 earnings, eyes growth opportunities

Paycor HCM's Q2 2023 earnings call highlighted strong financial performance, successful acquisitions, and recognition as a top workplace. While facing challenges with certain solutions, the company is well-positioned to capitalize on growth opportunities in metro areas, AI technology adoption, and expanding its market presence.

Paycor HCM reports stellar Q3 results, eyes AI integration for growth

Paycor HCM's Q3 2023 earnings call showcased robust financial performance, innovation in talent management, and strategic partnerships driving growth.
While facing regulatory challenges and revenue normalization expectations, the company is well-positioned to capitalize on AI integration and market stability.
Opportunities lie in sales force efficiency improvements, talent cross-selling initiatives, and the transition to a PEPM model for sustained growth.
Overall, Paycor's strong performance, innovative solutions, and stable competitive landscape position it for continued success and revenue expansion.

Paycor HCM reports robust Q4 earnings, eyes sustainable growth

Paycor HCM delivered strong financial performance in Q4 2023, with a focus on sustainable revenue growth and margin expansion in fiscal '24. The company's strategic initiatives, new solutions, and positive outlook for the upcoming year position it well for continued success and market expansion.

Paycor HCM excels in Q1 2024, eyes growth opportunities

Paycor HCM's Q1 2024 showcased robust financial performance, strategic advancements, and recognition for excellence. While facing challenges in revenue convergence and recurring revenue acceleration, the company is well-positioned to capitalize on opportunities for growth and efficiency.

Paycor HCM excels in Q2, eyes growth in diverse sectors

Paycor HCM's Q2 performance was robust, driven by revenue growth and margin expansion. The company is optimistic about future growth, focusing on innovation, market share capture, and sales force effectiveness.

Paycor HCM excels in Q3 with revenue growth and margin expansion

Paycor HCM's Q3 FY 2024 showcased robust financial performance, driven by revenue growth and margin expansion. While facing challenges in certain market segments, the company is strategically positioned to capitalize on opportunities for growth and innovation.

Paycor HCM reports strong Q4 performance, eyes AI and mid-market growth

Paycor HCM's Q4 2024 showcased robust financial performance, operational efficiency, and strategic growth initiatives
The company's focus on partnerships, product enhancements, and mid-market customers positions it for sustained growth
Challenges in maintaining growth momentum and balancing investments highlight the need for strategic agility and innovation

Paycor HCM reports strong Q1 results, eyes growth opportunities

Paycor HCM's Q1 fiscal year 2025 earnings call showcased robust financial performance, operational efficiency, and strategic growth initiatives.
The company's strengths in embedded HCM, innovation through the Integration Platform, and industry recognition position it well for future success.
While facing challenges in sales efficiency and AI development, Paycor has opportunities to leverage market optimism, drive innovation, and expand its product offerings.
Overall, Paycor's focus on sales efficiency, product enhancement, and market opportunities bodes well for its continued growth and competitive edge.

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Leading HCM Provider to Host a Premier Three-Day Event Bringing Together Paycor's Customers to Learn, Connect, and Engage CINCINNATI , Dec. 7, 2023 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced its highly anticipated inaugural Paycor Connect+ conference. Paycor developed this customer conference to provide business leaders with the knowledge, tools, and strategies necessary to navigate the ever-evolving human resources landscape and drive success within their organizations.

Paycor Announces Inaugural Connect+ Customer Conference

CINCINNATI, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced the commencement of an underwritten public offering of 5,000,000 shares of common stock on behalf of Pride Aggregator, LP. The underwriter proposes to offer the shares of common stock for sale from time to time in one or more transactions on the Nasdaq Global Select Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices, subject to receipt and acceptance by them and subject to their right to reject any order in whole or in part. The selling stockholder is controlled by investment funds advised by Apax Partners LLP. Paycor will not receive any of the proceeds from the sale of the shares being offered by the selling stockholder but will bear the costs associated with the sale of such shares, other than any underwriting discounts and commissions.

Paycor Announces Offering of Common Stock by Selling Stockholder

PYCR continues to perform well and I believe it remains undervalued at 6x forward revenue. I believe the growth outlook is positive given the strong execution, upmarket traction, and top-of-funnel momentum. PYCR HCM solution could be a catalyst that accelerates growth.

Paycor: Strong Execution, Upmarket Traction And Top-Of-Funnel Momentum

Paycor HCM, Inc. (PYCR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Paycor HCM, Inc. (PYCR): Time to Buy?

The mean of analysts' price targets for Paycor HCM, Inc. (PYCR) points to a 26.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 26.24% Upside in Paycor HCM, Inc. (PYCR): Can the Stock Really Move This High?

Paycor unveils modern HCM functionality for streamlining workforce management across diverse staffing solutions CINCINNATI , Nov. 16, 2023 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced new HR functionality enabling leaders to better manage their complete workforce, including independent contractors, seasonal workers, volunteers and more. With this cutting-edge addition, Paycor empowers its customers to efficiently manage individuals, regardless of who initiates their paycheck.

Paycor Introduces Innovative Solution for Managing All Types of Workers

Paycor HCM, Inc. (PYCR) Q1 2024 Earnings Call Transcript

CINCINNATI, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (“HCM”) software, today announced financial results for the first quarter fiscal year 2024, which ended September 30, 2023.

Paycor Announces First Quarter Fiscal Year 2024 Financial Results

CINCINNATI, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced that the company will participate in the TD Cowen Human Capital Management Summit held virtually. The presentation is scheduled for Monday, November 13, 2023 at 1:40 pm Eastern Time.

Paycor to Present at the Inaugural TD Cowen Human Capital Management Summit

CINCINNATI, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced that it will release financial results for the first quarter of fiscal year 2024, ended September 30, 2023, after the U.S. financial markets close on Wednesday, November 8, 2023.

Paycor Announces Date of First Quarter Fiscal Year 2024 Financial Results

The expanded role will usher in the next generation of service and technology CINCINNATI , Oct. 18, 2023 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced the promotion of Brett Meager to Chief Customer Experience Officer (CCEO) effective October 23, 2023. This new role will unify Paycor's Implementation and Service & Loyalty organizations, further enhancing the Company's relentless focus on creating an irresistible customer experience.

Paycor Names Brett Meager as Chief Customer Experience Officer

Powered by Visier, Paycor introduces an interactive way for leaders to consume people-focused analytics in a conversational chat interface CINCINNATI , Oct. 11, 2023 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced the launch of its generative AI analytics digital assistant powered by Visier, the globally recognized leader in people analytics and planning. The new offering is designed to help leaders gain quick and detailed insights into their workforce, without any additional training, enabling them to better understand HR analytics and make informed business decisions.

Paycor Launches New Generative AI Analytics Digital Assistant

DALLAS--(BUSINESS WIRE)--LaborIQ, a breakout tech company providing market compensation software, and Paycor, a leading provider of human capital management (HCM) software, are pleased to announce the companies have formed a referral partnership to help HR leaders recruit, manage, pay and develop their people with market-competitive salary answers for all occupations in the U.S. The strategic referral partnership will provide Paycor customers with the most competitive salary recommendations for.

LaborIQ® Announces Referral Partnership with Paycor®

Zoom Video

Investors interested in stocks from the Internet - Software sector have probably already heard of Zoom Video Communications (ZM) and Paycor HCM, Inc. (PYCR). But which of these two companies is the best option for those looking for undervalued stocks?

ZM or PYCR: Which Is the Better Value Stock Right Now?

PYCR's fundamentals remain strong, with a 26.2% increase in revenue and strong gross margin growth. The expansion of the sales force by 22% and increased market coverage indicate growth potential. Near-term challenges may pressure the stock, but management's optimistic outlook and sustained demand signal continued strength.

Paycor: Remain Buy Rated As Business Fundamentals Remain Strong

HCM leader introduces a modern offering for technology providers to address a large, underserved market CINCINNATI , Aug. 28, 2023 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced the Company's Embedded HCM solution, which enables technology partners to integrate Paycor's suite of HCM solutions into their software platforms. Paycor has a few great partners today and plans to expand the offering to additional companies.

Paycor Unveils Embedded HCM Solution

CINCINNATI , Aug. 25, 2023 /PRNewswire/ -- Liona Enterprises, a leader in the realm of information and cybersecurity, announces its pivotal alliance with Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a major player in human capital management (HCM) software. This collaboration underscores the companies' mutual commitment to innovative excellence, unmatched quality, and rigorous customer data protection.

Liona Enterprises Forms Strategic Alliance with Paycor, Making a New Era of Cybersecurity and Human Capital Management Synergy

In partnership with the Cincinnati Minority Business Accelerator, leading HCM provider adds Nine Minority-Owned Businesses to its Growing Number of Partners CINCINNATI , Aug. 24, 2023 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, announced today nine minority-owned enterprises were selected from Paycor's newly launched Empowerment Program to join the company's Marketplace as partners. The Paycor Empowerment Program was started with the goal to support minority-owned business leaders in growing their organizations through Paycor's vast Marketplace network and provide equitable opportunities for all.

Paycor Launches Empowerment Program to Enhance Technology Partner Diversity

Paycor HCM, Inc. (NASDAQ:PYCR ) Q4 2023 Earnings Call Transcript August 16, 2023 5:00 PM ET Company Participants Rachel White - Vice President of Investor Relations Raul Villar - Chief Executive Officer Adam Ante - Chief Financial Officer Conference Call Participants Arti Vula - JP Morgan Kevin Kumar - Goldman Sachs Samad Samana - Jefferies Bhavin Shah - Deutsche Bank Terry Tillman - Truist Securities Bryan Bergin - TD Cowen Michael Rackers - Needham Brad Reback - Stifel Brian Peterson - Raymond James Mark Marcon - Robert W. Baird Daniel Jester - BMO Capital Markets Kevin McVeigh - Credit Suisse Steve Enders - Citi Robert Simmons - D.A.

Paycor HCM, Inc. (PYCR) Q2 2023 Earnings Call Transcript

Paycor HCM, Inc. (PYCR) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.04 per share a year ago.

Paycor HCM, Inc. (PYCR) Q4 Earnings and Revenues Top Estimates

CINCINNATI, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (“HCM”) software, today announced financial results for the fourth quarter and full fiscal year 2023, which ended June 30, 2023.

Paycor Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Leading HR platform recognized for exceptional corporate social responsibility  CINCINNATI ,  Aug. 9, 2023 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced that it has won a Tech Care Award from TrustRadius, recognizing the company's commitment to corporate social responsibility (CSR). The Tech Cares Award serves as a trust indicator for buyers in the tech community and showcases a strong dedication to employees, community, and corporate values.

Paycor Wins 2023 Tech Cares Award from TrustRadius

New solution streamlines several employee engagement tools into one integrated solution to elevate how leaders communicate with and motivate their teams CINCINNATI , Aug. 1, 2023 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced the release of Paycor Engage, a new employee engagement solution that will elevate how leaders communicate with and motivate their teams. The latest solution empowers leaders with an advanced one-stop-shop to share company news, communicate with teams and recognize employees across mobile and web.

Paycor Launches Paycor Engage, Further Enhancing How Leaders Engage Modern Workforces

CINCINNATI, July 19, 2023 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced that it will release financial results for the fourth quarter and fiscal year 2023, ended June 30, 2023, after the U.S. financial markets close on Wednesday, August 16, 2023.

Paycor Announces Date of Fourth Quarter and Fiscal Year 2023 Financial Results

Paycor offers a comprehensive platform encompassing payroll, workforce management, talent management, and other HCM applications. The company has a competitive product that can capture market share in a total addressable market dominated by legacy vendors. The company's attractive valuation, with a reasonable price-to-sales multiple, makes it an appealing investment opportunity.

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