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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300First Advantage Reports First Quarter 2024 Results
First Advantage Corporation reported its Q1 2024 financial results, showing revenues of $169.4 million and a net loss of $2.9 million due to acquisition-related costs. The company announced an adjusted net income of $24.8 million and adjust
EarningsFiverr Announces $100M Buyback as Q1 Earnings Beat Expectations
Fiverr International Ltd. reported strong Q1 2024 results, with revenue reaching $93.5 million, a 6.3% increase year-over-year, driven by strategic expansion into complex services and SPB growth of 8%. Despite a challenging hiring environme
EarningsDocebo Reports First Quarter 2024 Results
Docebo Inc., a leading AI-based learning platform provider, reported strong financial performance for Q1 2024. The company highlighted significant growth in subscription revenue and profitability, with total revenue reaching $51.4 million,
Venture CapitalIn-House Health Raises $4 Million Seed Round, Unveils AI-Powered Scheduling Platform to Combat Nurse Shortage Crisis
In-House Health , co-founded by Ari Brenner, Sergey Vasilenko, and Shachar Har Zvi, has launched an AI-driven scheduling and management platform designed to revolutionize nursing team operations. The platform, which aims to improve the nurs
EarningsPaycor Announces Third Quarter Fiscal Year 2024 Financial Results
Paycor HCM , Inc., a leader in human capital management software, reported significant growth in its Q3 fiscal year 2024 results. Total revenues reached $187.0 million, a 16% increase year-over-year, with recurring revenue growing to $172.0
EarningsHeidrick & Struggles Reports Strong Q1 2024 Earnings, with Strategic Acquisitions Boosting Growth
Heidrick & Struggles International, Inc. reported an 11% year-over-year increase in quarterly revenue, totaling $265.2 million for Q1 2024. The company also declared a quarterly cash dividend of $0.15 per share. Despite the acquisitions of
Venture CapitalMedRisk Agrees to Purchase Casualty Claims Solutions Business from Conduent
MedRisk, a leader in managed physical rehabilitation for workers' compensation, has agreed to acquire the Casualty Claims Solutions business from Conduent, including Strataware products. This acquisition encompasses services like workers' c
EarningsPaylocity Announces Third Quarter Fiscal Year 2024 Financial Results
Paylocity Holding Corporation reported strong financial results for Q3 of fiscal year 2024, with a significant 18% increase in total revenue, reaching $401.3 million. Recurring and other revenues also rose by 17%, totaling $366.8 million. A
ColumnWorkday Announces Date of Fiscal 2025 First Quarter Financial Results
Upcoming: Workday Inc. to announce Q1 fiscal 2025 financial results on May 23, 2024. Tune in for a comprehensive review of Workday`s business outlook and financial health at 4:30 p.m. ET. Live webcast available. PLEASANTON, Calif. , May 2
EarningsUpwork Reports First Quarter 2024 Financial Results
Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year reven
Company NewsAnnouncing Our 2024 Workday Partner Innovation Award Winners
These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor
Company NewsPaycom's Stellar Q1 2024: Doubling Profits and Pioneering HCM Innovations
First Quarter Revenues of $500 million, up 11% from the comparable prior year period First Quarter GAAP Net Income of $247 million, representing 49% of total revenues, or $4.37 per diluted share First Quarter Non-GAAP Net Income of $147 mil
EarningsADP's Q3 Report: Analyzing the Impact of Strategic Investments and Client Growth
ADP reported a robust fiscal third quarter for 2024 with significant growth across key financial metrics. Revenues rose by 7% to $5.3 billion, driven by solid performance in both Employer Services and PEO Services. Net earnings increased by
EarningsInsperity Q1 2024 Earnings: Strong Performance Despite Economic Slowdown
Insperity, Inc. reported its Q1 2024 financial results, highlighting a 4% increase in gross profit to $345 million, driven by strong pricing and favorable benefits costs, despite a 1% decrease in average worksite employees paid. Net incom
EarningsTriNet Announces First Quarter 2024 Results
TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income o
Venture Capital401GO Raises $12M Series A to Fuel Next Phase of Growth
401GO , a fintech company specializing in modern retirement solutions, has successfully secured $12 million in Series A funding led by Next Frontier Capital, with participation from Rally Ventures, Impression Ventures, and Stout Street Capi
Company NewsReclaim.ai Launches Smart Meetings, First-Ever AI Tool to Automate Meeting Scheduling Across Teams
Reclaim.ai has unveiled "Smart Meetings," an innovative solution designed to streamline the scheduling of meetings by leveraging AI and machine learning. This release targets the reduction of time spent on managing calendars, which, as Recl
EarningsManpowerGroup Reports 1st Quarter 2024 Results
Revenues of $4.4 billion (-7% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in Latin America and Asia-Pacific region Gross profit margin of
Product NewsWorkhuman Revolutionizes Workplace Insights, Launches Industry-First AI Assistant Powered by Unique Employee Recognition Data
Workhuman® has introduced a revolutionary feature to its Workhuman iQ platform – a generative AI assistant. This tool leverages AI to provide HR and business leaders with dynamic, real-time organizational insights derived from unique, propr
Product NewsmeQ Introduces Pioneering, Proprietary sparQ™ Generative AI Technology Into Its Workforce Resilience Platform
meQuilibrium (meQ) announces the launch of sparQ, a revolutionary generative AI technology aimed at transforming workforce engagement, performance, and well-being. Utilizing a vast global database of human cognitive and behavioral data, spa
Product NewsTrusaic Introduces New Global Pay Data Reporting Suite
Trusaic introduces a comprehensive suite of Global Pay Data Reporting solutions designed to assist organizations in navigating the intricate landscape of global pay data reporting requirements. With the advent of stringent regulations aimed
Venture CapitalCariloop Secures $20 Million in Series C Funding to Accelerate Growth and Expand Caregiver Support Solutions
Cariloop , a leading platform in comprehensive caregiver support, has successfully closed its Series C funding round with $20 million, led by ABS Capital. This investment underscores the significant growth and nationwide traction Cariloop h
Venture CapitalMultiverse acquires AI talent software company Searchlight to help businesses close skills gaps
NEW YORK , April 8, 2024 -- Tech company Multiverse has acquired Searchlight , a talent intelligence and skills assessment platform that uses AI to help companies close their skills gaps. California -based Searchlight was founded in 2018
ColumnADP National Employment Report: Private Sector Employment Increased by 184,000 Jobs in March; Annual Pay was Up 5.1%
ROSELAND, N.J. , April 3, 2024 -- Private sector employment increased by 184,000 jobs in March and annual pay was up 5.1 percent year-over-year, according to the March ADP ® National Employment Report™ produced by the ADP Research Inst
Venture CapitalZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures
ZayZoon , a leader in Earned Wage Access (EWA) for SMBs, announced a $15 million raise in its Series B extension, reaching a total of $49.5 million, led by Viola Fintech and Intuit Ventures, alongside Framework Venture Partners and EDC. Thi
Company NewsAlight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move
Company NewsUNLEASH America 2024: America’s premier HR conference and expo
UNLEASH America to feature more than 200 speakers, including Earvin “Magic” Johnson, across 14 stages and summits, where HR, learning, AI, innovation and inspiration intersect LONDON & LAS VEGAS-- UNLEASH , a global digital media and events
Venture CapitalVivup and Perkbox to Combine, Creating a World-Class, All-in-One Employee Wellbeing, Benefits and Engagement Platform
Vivup and Perkbox, leaders in employee wellbeing and benefits, have announced a merger with strategic investment from Great Hill Partners. This collaboration aims to create a top-tier platform for employee benefits and engagement, enhancing
Company NewsCustomer Confidence, Trust in UKG Solutions Drive Strong Results for First-Quarter Fiscal 2024
UKG reported a successful first quarter for fiscal 2024, marked by strong customer loyalty and significant business growth. The period was notable for an increase in customer migrations to modern UKG solutions, particularly among larger cli
Venture CapitalHR Solution Remofirst Raises $25 Million Series A Funding to Make it Affordable and Easy to Employ Global Remote Teams
Remofirst , a leading HR tech platform specializing in global employment and compliance solutions, has successfully raised $25 million in a Series A funding round. The funding was led by Octopus Ventures, with contributions from existing in
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