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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Paycor HCM, Inc. (NASDAQ:PYCR ) Q3 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Rachel White – Vice President of Investor Relations Raul Villar, Jr. – Chief Executive Officer Adam Ante – Chief Financial Officer Conference Call Participants Jeremy Sahler – Jefferies Brad Reback – Stifel Terry Tillman – Truist Securities Bhavin Shah – Deutsche Bank Kevin McVeigh – Credit Suisse Jared Levine – Cowen Michael Rackers – Needham Mark Marcon – Baird Mark Murphy – JPMorgan Robert Simmons – D.A. Davidson Operator Ladies and gentlemen, thank you for standing by, and welcome to Paycor's Third Quarter Fiscal Year 2022 Earnings Call.

Paycor HCM's (PYCR) CEO Raul Villar, Jr. on Q3 2022 Results - Earnings Call Transcript

CINCINNATI, May 05, 2022 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (“HCM”) software, today announced financial results for the third quarter of fiscal year 2022, which ended March 31, 2022.

Paycor Announces Third Quarter Fiscal Year 2022 Financial Results

Equifax

Integration Will Help Paycor Customers Realize Efficiencies by Enabling Automated Income and Employment Verifications through The Work Number Ⓡ  ATLANTA and CINCINNATI , May 4, 2022 /PRNewswire/ -- Today,  Equifax Ⓡ (NYSE: EFX), a global data, analytics and technology company, and Paycor HCM Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, announced a new integration making The Work NumberⓇ the exclusive provider of income and employment verifications for Paycor. As a result, Paycor customers can now offer their employees the benefit of seamless verifications in support of important life events, such as applying for a loan or social services.

Equifax Workforce Solution and Paycor Launch An Integrated Partnership To Automate Income and Employment Verification

Integration Will Help Paycor Customers Realize Efficiencies by Enabling Automated Income and Employment Verifications through The Work Number®    ATLANTA and CINCINNATI , May 4, 2022 /PRNewswire/ -- Today, Equifax ® (NYSE: EFX), a global data, analytics and technology company, and Paycor HCM Inc. ("Paycor") (NASDAQ: PYCR), a leading provider of human capital management (HCM) software, announced a new integration making The Work Number®  the exclusive provider of income and employment verifications for Paycor. As a result, Paycor customers can now offer their employees the benefit of seamless verifications in support of important life events, such as applying for a loan or social services.

Equifax Workforce Solutions and Paycor Partner to Deliver Integrated Income and Employment Verifications

New feature allows leaders to easily reimburse employee expenses utilizing the same unified Paycor platform used to pay, hire, onboard, manage, grow, and recognize talent New feature allows leaders to easily reimburse employee expenses utilizing the same unified Paycor platform used to pay, hire, onboard, manage, grow, and recognize talent

Paycor Launches New Expense Management Product, Further Streamlining HR Processes for Today's Workplace

CINCINNATI, April 14, 2022 (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 third quarter of fiscal year 2022, ended March 31, 2022, after the U.S. financial markets close on Thursday, May 5, 2022.

Paycor Announces Date of Third Quarter Fiscal Year 2022 Financial Results

The average of price targets set by Wall Street analysts indicates a potential upside of 36.1% in Paycor HCM, Inc. (PYCR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 36% Upside in Paycor HCM, Inc. (PYCR): Here's What You Should Know

The consensus price target hints at a 46.2% upside potential for Paycor HCM, Inc. (PYCR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Paycor HCM, Inc. (PYCR) Have the Potential to Rally 46% as Wall Street Analysts Expect?

CINCINNATI, March 8, 2022 /PRNewswire/ -- Paycor HCM, Inc. (Paycor) (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, was presented with a bronze Stevie® Award in the Front-Line Customer Service Team of the Year - Business Services Industries category in the 16th annual Stevie Awards for Sales & Customer Service this week. Fielding thousands of internal emails and calls, the Tax Advanced Support Team offers top-notch support to Paycor's Implementation and Client Service Support teams while they are servicing our ever-expanding client base.

Paycor's Tax Advanced Support Team Wins Bronze Stevie® Award in 2022 Stevie Awards for Sales & Customer Service

CINCINNATI, March 01, 2022 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced that Raul Villar, Jr., Chief Executive Officer, and Adam Ante, Chief Financial Officer, will participate in the JMP Securities Technology Conference in San Francisco, California. The presentation is scheduled for Tuesday, March 8, 2022 at 12:30 pm Pacific Time (3:30 pm Eastern Time).

Paycor to Participate in the JMP Securities Technology Conference

CINCINNATI, Feb. 15, 2022 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR) today announced a new addition to its software suite – a Developer Portal, which allows for easy data transfer across a user's third-party systems and their HR and payroll software. Paycor's Developer Portal provides the programming interface (API) and resources to build apps so data can sync with their systems, eliminating security concerns, time-consuming management, and compliance risks.

Leading HR Software Provider Unveils Innovative Developer Portal App

Paycor HCM, Inc. (PYCR) CEO Raul Villar on Q2 2022 Results - Earnings Call Transcript

CINCINNATI, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (NASDAQ: PYCR) (“Paycor”), a leading provider of human capital management (“HCM”) software, today announced financial results for the second quarter of fiscal year 2022, which ended December 31, 2021.

Paycor Announces Second Quarter Fiscal Year 2022 Financial Results

CINCINNATI, Feb. 2, 2022 /PRNewswire/ --  Paycor HCM, Inc.  (NASDAQ: PYCR) ("Paycor"), a leading provider of human capital management (HCM) software, today announced it has earned the 2022 Top Workplaces USA award, issued by Energage , a purpose-driven organization that develops solutions to build and brand Top Workplaces. The Top Workplaces program has a 15-year history of surveying more than 20 million employees, recognizing the top organizations across 60 markets for regional awards.

Paycor Recognized as 2022 Top Workplace USA Award for Second Consecutive Year

CINCINNATI, Feb. 1, 2022 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor") (NASDAQ: PYCR), a leading provider of human capital management (HCM) software, today announced Paaras Parker has been appointed Chief Human Resource Officer. Paaras will join Paycor's executive team and report directly to Paycor's CEO, Raul Villar, Jr. Paaras is a seasoned leader in HR with deep experience in talent acquisition, organizational and leadership development, diversity equity & inclusion and learning and has held high-level HR roles at leading global companies including Macy's, 84.51 and Global Novations.

Top HR Software Provider, Paycor, Names Paaras Parker as Chief Human Resource Officer

SAN FRANCISCO, Jan. 27, 2022 /PRNewswire/ -- Paycor HCM, Inc. (NASDAQ: PYCR) ("Paycor"), a leading provider of human capital management (HCM) software, today announced it has been named the official HR software provider, and the official partner of the Pac-12 Football Championship Game, the Pac-12 Men's and Women's Basketball Tournaments, and the newly-created Pac-12 Baseball Tournament, slated to debut in Scottsdale this May. "We are thrilled to announce this ground-breaking, long-term partnership with Paycor, who will provide innovative HR and payroll solutions to meet the business needs of the Pac-12," said Pac-12 Commissioner George Kliavkoff.

Paycor Named Official HR Software Provider of The Pac-12

CINCINNATI, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (NASDAQ: PYCR) (“Paycor”) today announced that it will release financial results for the second quarter of fiscal year 2022, ended December 31, 2021, after the U.S. financial markets close on Thursday, February 3, 2022.

Paycor Announces Date of Second Quarter Fiscal Year 2022 Financial Results

CINCINNATI, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (NASDAQ: PYCR) (“Paycor”) today announced that Raul Villar, Chief Executive Officer, and Adam Ante, Chief Financial Officer, will participate in the 24th Annual Needham Virtual Growth Conference. The presentation is scheduled for Tuesday, January 11, 2022 at 2:45 p.m., Eastern Time.

Paycor to Participate in the 24th Annual Needham Virtual Growth Conference

CINCINNATI, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (NASDAQ: PYCR) (“Paycor HCM,” “Paycor”) today announced that Raul Villar, Chief Executive Officer, and Adam Ante, Chief Financial Officer will participate in the Raymond James Technology Investors Conference. The presentation is scheduled for Tuesday, December 7, 2021 at 8:50 a.m., Eastern Time.

Paycor HCM, Inc. to Participate at Raymond James Virtual Technology Investors Conference

Paycor HCM, Inc. (PYCR) CEO Patricia Cook on Q1 2022 Results - Earnings Call Transcript

CINCINNATI, Nov. 11, 2021 /PRNewswire/ -- Paycor HCM, Inc.  (Paycor) (Nasdaq: PYCR) today announced the release of new functionality within its Paycor Analytics tool, which will offer its customers predictive analysis on employee turnover. This feature gives human resources (HR) and business leaders actionable insights from its company data, including identifying at-risk employees, factors driving the risk of resignation, expected resignation across organizations and locations, and the probability and extent of employee turnover in the next 12 months.

Top HR Software Provider, Paycor, Launches New Predictive Resignation Feature, Enabling Businesses To Forecast Employee Turnover

CINCINNATI , Oct. 26, 2021 /PRNewswire/ -- Paycor HCM, Inc. (Paycor) (Nasdaq: PYCR) today announced it has been named a Top Workplace 2021 for Diversity, Equity and Inclusion (DE&I) Practices by Energage. This coveted list celebrates companies with a welcoming and inclusive culture across all levels of an organization.

Leading HR Software Provider, Paycor, Named A Top Workplace For Diversity, Equity & Inclusion Practices

CINCINNATI, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Paycor) (Nasdaq: PYCR) today announced that it will release financial results for its first quarter fiscal 2022, ended September 30, 2021, after the U.S. financial markets close on Tuesday, November 9, 2021.

Paycor Announces Date of First Quarter Fiscal 2022 Financial Results

Software-as-a-Service provider Paycor HCM Inc (NASDAQ: PYCR) priced 12 million shares at $32 per share by selling shareholders in a secondary equity offering. The offer price is at par with Paycor HCM's October 14 closing price.

Paycor HCM's Selling Shareholders Offload Stake Via Secondary Equity Offering

CINCINNATI, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Paycor) (NASDAQ: PYCR) today announced the pricing of a public offering of 12,000,000 shares of common stock by certain selling stockholders (the “Offering”) that was previously announced, at a public offering price of $32.00 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of Paycor's common stock. The Offering is expected to close on October 19, 2021, subject to customary closing conditions.

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