Search results for “recurring revenue”

Dayforce Q2 2024: Strong Growth and Exciting Future with $500M Share Repurchase

Dayforce Inc ., a leader in human capital management technology, reported strong financial results for Q2 2024, with recurring revenue up 20% and total revenue up 16%. Operating cash flow increased by 16% year-to-date, leading to a $500 mil

Jul 31, 2024

Product News

Borderless AI and Cohere Launch Alberni: The First AI Agent Revolutionizing Global HR

Borderless AI , the pioneering AI-powered HR platform, has partnered with Cohere to revolutionize the HR industry with tailored AI agents. The partnership aims to streamline global HR challenges such as onboarding, payroll, and compliance,

Jun 14, 2024

AI-Driven Training Platform Learn to Win Raises $30M to Scale Defense and Commercial Operations

Learn to Win , an enterprise SaaS training platform specializing in personalized, predictive, and secure training software, has successfully closed a $30 million Series A funding round led by the Westly Group, with participation from Norwes

Jun 13, 2024

Docebo 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,

May 9, 2024

Paycor 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

May 8, 2024

Paycom'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

May 1, 2024

Alight 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

Mar 20, 2024

Customer 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

Mar 8, 2024

Deel Is Acquiring Payroll Company PaySpace

Deel, a global payroll and HR company, has announced its acquisition of PaySpace, an African-based payroll and HR company, enhancing its position as a market leader in global payroll and expanding its infrastructure. This acquisition, along

Mar 5, 2024

Docebo Reports Fourth Quarter and Fiscal Year 2023 Results

Docebo Inc., a leader in AI-driven learning platforms, announced its Q4 and fiscal year 2023 financial results, showcasing significant growth. With a 28% increase in subscription revenue to $46.5 million and a total revenue rise of 27% to $

Feb 23, 2024

Atlas: The Argentine Startup Revolutionizing Global Contractor Benefits with $2.75 Million in Seed Extension Funding

Karen Serfaty, Gianina Rossi, and Josefina Van Thienen, engineers from Argentina, identified a common issue for contractors working for U.S.-based companies—managing taxes and receiving payments in non-local currency. To address these chall

Feb 16, 2024

Paylocity 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

Feb 8, 2024

Record-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

Feb 7, 2024

Carl 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

Jan 31, 2024

Huler 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

Jan 22, 2024

Mercor 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

Jan 15, 2024

Workday 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

Jan 11, 2024

Dutch 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

Dec 23, 2023

Workday 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

Nov 28, 2023

Paylocity Announces First Quarter Fiscal Year 2024 Financial Results

Q 1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year Q 1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le

Nov 3, 2023

HiBob Adds $150M in New Round of Funding to Support Continued Expansion

NYC, USA and London, UK – 19 Sept 2023: HiBob , the company behind ‘Bob’, the HR platform transforming how organizations operate in the modern world of work, today announced it has secured $150M in new funding in a round that was led by Fa

Sep 19, 2023

Workday

Workday Announces Fiscal 2024 Second Quarter Financial Results with 16.3% YoY Increase in Total Revenues

PLEASANTON, Calif., Aug. 24, 2023 -- Workday , Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, announced results for the fiscal 2024 second quarter ended July 31, 2023. Fiscal 2024 Second Quar

Aug 24, 2023

Ceridian Reports Robust Second Quarter 2023 Results

Minneapolis, MN and Toronto, August 2, 2023 – Ceridian HCM Holding Inc. (“Ceridian”) (NYSE:CDAY) (TSX:CDAY), a global leader in human capital management (HCM) technology, announced its financial results for the second quarter ended June 30

Aug 3, 2023

Paycom Software, Inc. Reports Second Quarter 2023 Results with 26.6% YoY Increase in Total Revenue

OKLAHOMA CITY, August 1, 2023-- Paycom Software , Inc. (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced its financial results for the quarter ended June 30, 2023. “We delivered anot

Aug 2, 2023

Ceridian Reports First Quarter 2023 Results, Total Revenue Up 26.4% to $370.6 Million

Dayforce recurring revenue up 43.8% year-over-year, or 46.0% on a constant currency basis Total revenue of $370.6 million, up 26.4% year-over-year, or 29.3% on a constant currency basis Operating profit of $38.4 million and adjusted operati

May 4, 2023

Paycom Software, Inc. Reports First Quarter 2023 Results

First Quarter Revenues of $452 million, up 28% from the comparable prior year period First Quarter GAAP Net Income of $119 million, representing 26% of total revenues, or $2.06 per diluted share First Quarter Non-GAAP Net Income of $143 mil

May 3, 2023

Insurance AI Leader EvolutionIQ's Funding Total Rises to $33.1M With Series B Round While Valuation Passes $200M

With recurring revenue tripling for the 3rd consecutive year, the leader in AI-powered Claims Guidance caps its latest funding round at $7 million Company's value effectively doubles despite the tech sector's ongoing volatility Industry ado

Feb 28, 2023

Paycor Announces Second Quarter Fiscal Year 2023 Financial Results, Total Revenues up 29% Year-over-year to $132.9 Million

Q2 Total revenues of $ 132.9 million, an increase of 29% year-over-year, while expanding margins Q2 Recurring revenue of $ 125.0 million, an increase of 22% year-over-year, and the fifth consecutive quarter of achieving our long-te

Feb 8, 2023