Paycor Hcm, Inc. Stock Price, News & Analysis

Paycor HCM (Nasdaq: PYCR) has launched its Integration Platform, designed to streamline connectivity between HCM software and third-party applications. The platform offers three key solutions: Paycor Marketplace with over 320 pre-built connectors, Developer Services for custom integrations, and Developer Tools including 140+ APIs. This launch addresses a critical market need, as research shows half of HR professionals use seven or more employment systems that are typically not integrated. The platform aims to enhance data accuracy, enable real-time availability, and provide enterprise-level system connectivity capabilities to mid-market companies.

Paycor HCM (Nasdaq: PYCR) has appointed Dru Armstrong to its Board of Directors, effective October 23, 2024. Armstrong, currently CEO of AffiniPay, brings over 20 years of technology sector experience and expertise in SaaS, embedded technology, and payment industries. She has been recognized as a Top 25 Women Leader in PE-Backed Software Companies for 2024 and featured in American Banker's 2024 Most Influential Women in Fintech list. Her appointment aims to strengthen Paycor's strategic growth and innovation in HCM solutions.

Paycor HCM, Inc. (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, has announced the date for the release of its first quarter fiscal year 2025 financial results. The company will disclose its financial performance for the quarter ended September 30, 2024, after the U.S. financial markets close on Wednesday, November 6, 2024.

Following the release, Paycor will host a conference call and webcast presentation at 5:00 p.m. Eastern Time on the same day to discuss the results. Interested parties can access the conference call by dialing 1-877-407-4018 (domestic) or 1-201-689-8471 (international) using the access code 13748589. Additionally, a live webcast and replay of the event will be available on the Paycor Investor Relations website at investors.paycor.com.

Paycor HCM, Inc. (Nasdaq: PYCR) has unveiled innovative features to transform time-off management for the modern workforce. The new additions to Paycor's HCM platform aim to streamline operations through automation, real-time visibility, and proactive controls. Key benefits include:

1. Better Insights & Visibility: Seamless integration of time-off requests with scheduling, providing real-time visibility and enhanced productivity.

2. Faster Communication and Approvals: Time Off Advisor offers peak time visibility, automatic request approvals, and on-the-go management for leaders.

3. Prevent Burn-out: Paycor Paths provides training to recognize and prevent burnout, with easy access to time-off balances and requests.

These enhancements have earned Paycor several accolades, including awards from Brandon Hall Group and Titan Business Awards.

Paycor HCM, a leading provider of human capital management (HCM) software, has announced its inaugural Investor Day scheduled for Thursday, November 21, 2024 in New York City. The event will commence at 9:00 am Eastern Time and will be accessible via live webcast. Interested parties can view the event and access replays for a time through the "Events & Presentations" section on Paycor's investor relations website.

For those wishing to attend the Investor Day in person, Paycor has provided an email address (IR@paycor.com) for registration. This event marks a significant milestone for Paycor (Nasdaq: PYCR) as it seeks to engage with investors and showcase its business strategy and growth prospects.

Paycor HCM, Inc. (Nasdaq: PYCR) has promoted Tiffany Sieve to Chief Marketing Officer (CMO). Sieve, with over 10 years at Paycor, will focus on accelerating the company's path to $1 billion in revenue by enhancing brand awareness, demand generation, and customer retention. She joins Paycor's Executive Committee, reporting to CEO Raul Villar, Jr.

Sieve's achievements include increasing brand visibility through the Paycor Stadium naming rights partnership, optimizing Paycor.com, and launching the company's first customer conference, Connect+. She is also a co-founder of Paycor's Women's Inspiration Network and serves on boards of local organizations.

Paycor HCM, Inc. (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, has announced its participation in two upcoming investor conferences. The company's management will present at:

1. The Stifel Tech Executive Summit in Deer Valley, UT on Tuesday, August 27, 2024, at 11:00 am Mountain Time

2. The Goldman Sachs Communacopia + Technology Conference in San Francisco, CA on Wednesday, September 11, 2024, at 2:25 pm Pacific Time

Where available, webcasts of these events will be accessible live and for a time afterward in the "Events & Presentations" section of Paycor's investor relations website at https://investors.paycor.com/.

Paycor HCM, Inc. (Nasdaq: PYCR) reported strong financial results for Q4 and fiscal year 2024. Q4 total revenues increased 18% year-over-year to $164.8 million, with recurring revenues up 17% to $150.5 million. For FY'24, total revenues grew 19% to $654.9 million. The company expanded operating margins while investing in software differentiation and customer experience.

Despite growth, Paycor reported a Q4 net loss of $18.3 million, an improvement from the $29.4 million loss in Q4 FY'23. Adjusted operating income for Q4 was $25.0 million, up from $15.4 million year-over-year. For FY'25, Paycor projects revenue guidance of $722.0 - $729.0 million, representing up to 11% growth.

Paycor HCM, Inc. (Nasdaq: PYCR) has launched Paycor Compensation Management, a new solution designed to streamline compensation planning and enhance employee engagement. This tool aims to reduce manual work, provide pay transparency, and offer Total Reward statements. Key features include:

- Insights into pay benchmarking, benefits, perks, and career development
- Budget management and pay cycle tools
- Future view analytics for assessing proposed pay changes
- Flexible configuration options for budgeting and reward approvals

The solution addresses the critical role of compensation in employee retention, as highlighted by Paycor's recent survey of over 7,000 professionals. It empowers leaders to make informed decisions and communicate effectively about compensation with both candidates and current employees.