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 – PYCR

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In the trading session that priced this news, PYCR gained 0.09%, reflecting a mild positive market reaction.

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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

FAQ

When will Paycor (PYCR) release Q2 FY2025 earnings?

Paycor will release its Q2 FY2025 financial results after U.S. market close on February 5, 2025.

Why is Paycor (PYCR) not hosting a Q2 FY2025 earnings call?

Paycor is not hosting an earnings call due to the definitive agreement to be acquired by Paychex, announced on January 7, 2025.

What period does Paycor's (PYCR) Q2 FY2025 earnings cover?

Paycor's Q2 FY2025 earnings cover the period ended December 31, 2024.

When was the Paychex acquisition of Paycor (PYCR) announced?

The definitive agreement for Paychex to acquire Paycor was announced on January 7, 2025.