Paycor Announces Date of Second Quarter Fiscal Year 2025 Financial Results
Rhea-AI Summary
Paycor HCM (Nasdaq: PYCR) has announced it will release its financial results for Q2 FY2025 after U.S. market close on February 5, 2025. The results will cover the period ended December 31, 2024. Due to the previously announced definitive agreement to be acquired by Paychex on January 7, 2025, the company will not conduct an earnings conference call or webcast to discuss these quarterly results.
Positive
- Pending acquisition by larger industry player Paychex indicates strategic value
Negative
- Discontinuation of earnings calls reduces transparency and shareholder communication
News Market Reaction 1 Alert
On the day this news was published, PYCR gained 0.09%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
CINCINNATI, Jan. 15, 2025 (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 second quarter of fiscal year 2025, ended December 31, 2024, after the U.S. financial markets close on Wednesday, February 5, 2025.
In light of the definitive agreement to be acquired by Paychex announced on January 7, 2025, Paycor will not host an earnings conference call or webcast to discuss its second quarter of fiscal year 2025 financial results.
About Paycor
Paycor’s HR, payroll, and talent platform connects leaders to people, data, and expertise. We help leaders drive engagement and retention by giving them tools to coach, develop, and grow employees. We give them unprecedented insights into their operational data with a unified HCM experience that can seamlessly connect to other mission-critical technology. By providing expert guidance and consultation, we help them achieve business results and become an extension of their teams. Learn more at paycor.com.
Investor Relations:
Rachel White
513-954-7388
IR@paycor.com
Media Relations:
Carly Pennekamp
513-954-7282
PR@paycor.com