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Paycor HCM, Inc. (Nasdaq: PYCR) announced third-quarter fiscal year 2024 financial results with total revenues of $187.0 million, a 16% increase year-over-year. Recurring revenue reached $172.0 million, up by 14% year-over-year. The FY'24 revenue guidance stands at $650 - $652 million, marking an 18% increase year-over-year at the top end of the range. Paycor's CEO highlighted the company's strong performance driven by HCM software solutions and strategic investments. The company aims to capitalize on the growing Cloud-based HCM market for long-term growth and profitability.
Paycor HCM, Inc. (Nasdaq: PYCR) announced the launch of COR Space and Paycor Skills to drive high business performance by enhancing team collaboration and addressing skills gaps. COR Space enables cross-functional collaboration and task completion on a centralized platform, while Paycor Skills leverages AI to manage workforce skills effectively. These tools aim to increase productivity, employee engagement, and overall performance.
Paycor HCM, Inc. (PYCR) wins 2024 HR Tech Awards in four categories, showcasing its exceptional talent management and Core HCM solutions for midsize businesses, industry-specific needs, and talent intelligence. The company's high adoption rates and industry expertise set it apart from competitors.
Paycor HCM, a leading HCM software provider, concluded its inaugural customer conference, Paycor Connect+ 2024, bringing together hundreds of customers for a transformative experience in Cincinnati. The event focused on equipping HR leaders with knowledge and tools to drive organizational success through inspiring speakers, breakout sessions, and networking opportunities. Over 30 educational sessions covered product directions, management strategies, and industry trends, emphasizing customer-centric approaches and best practices. Paycor plans to host the event again next year at the Omni Orlando Resort.