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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Recruit Holdings Q3 Financial Report: Navigating Challenges with Strategic Precision
Recruit Holdings Co. Ltd., a leading global staffing firm, faced a slight revenue decline in Q3 FY2023, with total revenue at approximately USD 5.8 billion, a 1.5% decrease year-over-year. This dip, adjusted to 4.5% excluding currency benef
Company NewsPaylocity Surges with $326.4M Revenue in Q2 FY2024: A Glimpse into Cloud HCM's Expanding Market Dominance
Q 2 2024 Recurring & Other Revenue of $298.4 million , up 16% year-over-year Q 2 2024 Total Revenue of $326.4 million , up 20% year-over-year SCHAUMBURG, Ill, Feb. 08, 2024 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Company NewsInsperity Announces Fourth Quarter and Full Year 2023 Results
Breaking New Grounds: Insperity's Revenue Hits $6.5 Billion, Fueled by Expansion and Workday Collaboration In their latest financial report, Insperity showcased impressive growth with a 2023 revenue of $6.5 billion, up 9% year-over-year, an
Company NewsRecord-Breaking 2023: Paycom Reports Annual Revenues of $1.694 Billion, Up 23%
Paycom Software , Inc. Reports Fourth Quarter and Year-End 2023 Results Full Year Revenues of $1,694 million, up 23% year-over-year Full Year GAAP Net Income of $341 million, representing 20% of total revenues, or $5.88 per diluted share Fu
Company NewsChris Thomas Promoted to Paycom Co-CEO with Chad Richison
Paycom Software , Inc. announces Chris Thomas as Co-CEO alongside Chad Richison. With a history of leadership and innovation, Paycom's strategic move aims to enhance its growth and service in the HR tech industry. OKLAHOMA CITY Paycom Softw
Company NewsADP's Fiscal 2024 Q2 Report: A Financial Deep Dive into $4.7 Billion Revenue and Earnings Surge
ADP , a global leader in human capital management solutions, reported a 6% revenue increase in the second quarter of fiscal 2024, reaching $4.7 billion. The growth, consistent in organic constant currency, reflects the company's robust fina
Company NewsCarl Eschenbach Takes the Helm as Workday CEO
Official Appointment Follows a Year of Strong Business Momentum, International Expansion, and Leadership Team Growth PLEASANTON, Calif. , Jan. 31, 2024 Workday (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and
EarningsRobert Half Reports Fourth-Quarter Financials: $1.473 Billion in Revenue
Robert Half Inc. reported its fourth-quarter financial results, highlighting significant outcomes and future prospects. The report shows a net income of $87 million, or $0.83 per share, on revenues of $1.473 billion for the quarter ending D
EarningsA $4.6 Billion Q4 for ManpowerGroup: Balancing Revenue Decline with Strategic Foresight
Revenues of $4.6 billion (-4% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in LATAM and APME Gross profit margin of 17.5%. Staffing margins re
EarningsServiceNow Reports Fourth Quarter and Full-Year 2023 Financial Results
ServiceNow , a leader in digital workflow solutions, has exceeded its guidance in all top-line growth and profitability metrics for Q4 2023. The company reported a remarkable 27% year-over-year growth in subscription revenues, reaching $2,3
Venture CapitalHuler Gains Additional £1.5 Million Investment from MEIF and Mercia Ventures
Huler , a worktech company, has secured an additional £1.5 million Seed Follow On investment from the MEIF Proof of Concept & Early Stage Fund, managed by Mercia Ventures. This investment, part of the Midlands Engine Investment Fund, will s
Venture CapitalMercor Secures $3.6M in Funding, Unveils AI-Powered Talent Matching Platform
In a remarkable leap forward in the recruitment technology sector, Mercor has announced a significant milestone, securing $3.6 million in funding. The round, led by General Catalyst, saw participation from notable investors including Scott
Company NewsWorkday Announces Continued Retail Industry Momentum Driven By Accelerated Demand for AI Solutions that Help Fuel Organizational Agility and Growth
More Than 55% of the NRF Top 100 Retailers Are Using Workday to Elevate the Frontline Worker Experience, Increase Productivity, and Manage Operational Costs PLEASANTON, Calif. , Jan. 11, 2024 - Workday, Inc. (NASDAQ: WDAY), a leader in e
Product NewsPerformYard Secures $95M for Revolutionary Staff Performance Tools
PerformYard, a staff performance management platform, recently raised $95 million in funding led by Updata Partners. Founded by Ben Hastings and Jon Malpass, PerformYard provides tools for employee reviews, goal setting, and feedback, integ
Product NewsBullhorn Acquires Mployee to Help Recruitment Agencies Accelerate Their Digital Transformation Journey
Bullhorn , a global leader in software for the staffing and recruitment industry, has acquired Mployee, a Netherlands-based company specializing in Salesforce-based solutions for recruitment agencies. This strategic move aims to accelerate
Product NewsSterling to Offer Market Leading Clinical Solutions Through Acquisition of Vault Workforce Screening
Sterling Check Corp (NASDAQ: STER), a distinguished leader in background screening and identity services, has strategically acquired Vault Workforce Screening, a prominent U.S. clinic management platform. This acquisition not only expands S
Venture CapitalDutch Innovation Unleashed: Bubty Secures €1.75M Seed Funding for Its White-Label Freelance Management Platform
Dutch startup Bubty , specializing in freelance workforce management, has secured a €1.75 million seed investment to bolster its innovative, white-label external workforce technology. This platform enables companies to build custom talent p
Product NewsPaychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results
Paychex , Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Mana
Product NewsAon’s $13.4 Billion Gamble: Acquiring NFP to Dominate the Middle Market
Expands Aon's presence in large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm's Aon Business Services platform to deliver more value to clients Brings together two cultures with a shared c
Company NewsJim McCoy Takes the Reins at Atlas HXM to Bolster Global Business Alliances
Atlas Appoints Jim McCoy as New Chief Executive Officer to Enhance Global Enterprise Partnerships. Atlas HXM has appointed Jim McCoy, a seasoned leader from ManpowerGroup, as their new CEO. McCoy is recognized for his expertise in global wo
Product NewsCheckr's Strategic Expansion: Launching Pay and Onboard for Enhanced Flexible Workforce Management Beyond Background Checks
Checkr, a leading HR technology company, has announced a significant expansion with the introduction of Checkr Pay and Checkr Onboard. These innovative solutions are designed to streamline payment and onboarding processes for the rapidly gr
ColumnNews Brief: AdventHealth Selects Workday to Support Its Commitment to Whole-Person Care
PLEASANTON, Calif., December 5, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources , today announced that AdventHealth has selected Workday Financial Management , Workday
Company NewsCheck Launches New Tools to Help Organizations Build and Scale Payroll Businesses
Check, a pioneer in embedded payroll, has launched innovative tools to assist organizations in establishing and expanding their payroll businesses. These tools include Credit & Fraud Protection, Embedded Setup, and Embedded Support. These s
Venture CapitalCanadian AI-Powered Engagement Platform ThoughtExchange Lands $13.5M Equity Investment for Business Expansion
ThoughtExchange, a leading AI engagement and survey platform, recently secured a substantial $13.5M equity investment. This financial boost, led by InBC Investment Corp. along with various established investors, underlines the platform's in
Company NewsWorkday Announces Fiscal 2024 Third Quarter Financial Results
·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C
Venture CapitalGoldman Sachs Leads $45M Investment in Candex for Asian Market Expansion
Candex , a leading player in the procurement management industry, has recently garnered a significant $45 million in Series B funding, primarily led by Goldman Sachs. This investment, boosting Candex's total capital to $85 million, is earma
Company NewsJeff Moses Named CEO of WorkForce Software
Jeff Moses has been appointed as the CEO of WorkForce Software , effective January 1, 2024. Bringing over 25 years of expertise in B2B Cloud SaaS and a strong track record as WorkForce's Chief Revenue Officer, Moses is set to spearhead the
EarningsFiverr Announces Third Quarter 2023 Results
Delivered strong results for Q3’23. Our focus and execution across our core marketplace and Fiverr Business Solutions allowed us to deliver revenue and Adjusted EBITDA at the high end of our guidance. Improving Adjusted EBITDA margins for
EarningsZipRecruiter Announces Third Quarter 2023 Results
Quarterly revenue of $155.6 million Net income of $24.1 million, or net income margin of 15% Adjusted EBITDA of $54.4 million, or Adjusted EBITDA margin of 35% SANTA MONICA, Calif. ZipRecruiter ® , a leading online employment marketplace,
EarningsSterling Reports Third Quarter 2023 Results Continued Execution Towards 2023 Goals and Long-Term Strategy
NDEPENDENCE, Ohio, Nov. 08, 2023 Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the thi
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