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Earnings

TrueBlue Reports First Quarter 2024 Results

TrueBlue reported a 13% decline in revenue to $403 million in Q1 2024, with a net loss of $2 million, an improvement from the previous year's $4 million loss. Key financial measures include a 13% reduction in SG&A expenses, an adjusted EBIT

May 6, 2024
Venture Capital

Kelly enters agreement to acquire specialty talent solutions company, Motion Recruitment Partners, LLC

Kelly , a leading global talent solutions provider, has announced a significant agreement to acquire Motion Recruitment Partners, LLC (MRP), a specialty talent solutions company. This transformative acquisition aims to bolster Kelly's scale

May 3, 2024
Earnings

Paylocity 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

May 2, 2024
Earnings

Upwork 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

May 2, 2024
Company News

Announcing 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

May 1, 2024
Earnings

ADP'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

May 1, 2024
Earnings

Insperity 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

May 1, 2024
Earnings

TriNet 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

Apr 26, 2024
Earnings

ManpowerGroup 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

Apr 18, 2024
Column

ADP 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

Apr 3, 2024
Venture Capital

First Advantage to Acquire Background Check Company Sterling for $2.2 Billion in Cash and Stock

First Advantage Corporation has announced a definitive agreement to acquire Sterling Check Corp. for approximately $2.2 billion, inclusive of debt. The merger unites complementary technology and services in employment background screening a

Feb 29, 2024
Company News

First Advantage Reports Full Year and Fourth Quarter 2023 Results

First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the

Feb 29, 2024
Column

Workday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results

Workday, Inc.   announced its fiscal 2024 fourth quarter and full-year results, revealing significant growth. The company reported a 17% year-over-year increase in total revenues for the fourth quarter, reaching $1.9 billion, with subscript

Feb 26, 2024
Company News

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
Earnings

TrueBlue Reports Fourth Quarter and Full-Year 2023 Results

TrueBlue , a leading provider of specialized workforce solutions, announced its fourth quarter and full-year results for 2023, highlighting a decrease in revenue by 12 percent to $492 million for the quarter and a 15 percent decrease to $1.

Feb 21, 2024
Column

Workday:Using AI to Empower an Augmented Workforce

This article explores the concept of an augmented workforce, where artificial intelligence (AI) and human collaboration enhance productivity and innovation across industries. It emphasizes the importance of integrating AI with a human-centr

Feb 20, 2024
Company News

TriNet Triumphs in Fiscal 2023: Hits $4.9 Billion Revenue and Launches Quarterly Dividend

TriNet Group, Inc., a leading provider of comprehensive human capital management solutions for SMBs, reported a 2% increase in total revenues to $1.2 billion for Q4 2023 and a 1% rise to $4.9 billion for the fiscal year. Earnings per share

Feb 15, 2024
Earnings

Kelly Services Inc (KELYA) Reports Q4 Earnings: Adjusted EBITDA Margin Expands Amidst Flat Revenue

Kelly Services Inc (KELYA) announced its Q4 financial results, highlighting stability with flat revenue at $1.2 billion and significant improvements in profitability. Operating earnings surged by 59% to $7.3 million, and net earnings showed

Feb 15, 2024
Earnings

Upwork Reports Fourth Quarter and Full Year 2023 Financial Results

Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA

Feb 14, 2024
Company News

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
Company News

Insperity 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

Feb 8, 2024
Company News

ADP'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

Jan 31, 2024
Earnings

Robert 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

Jan 30, 2024
Earnings

A $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

Jan 30, 2024
Product News

Paychex, 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

Dec 21, 2023
Product News

Oyster Unveils SAGE: The Future of Global Employment Automation

Low-code platform SAGE “softwarizes” knowledge, automating the entire employment lifecycle SAGE powers Oyster Intelligence, ensuring compliant and competitive employment across 180 countries Oyster's new platform, SAGE, revolutionizes globa

Dec 14, 2023
Company News

Majority of Hourly Workers Unconcerned About AI Replacing Their Jobs

The 5th Annual Branch Report reveals insights into the perspectives of hourly workers regarding AI's impact on job security. Contrary to popular belief, a significant number of these workers are not worried about AI replacing their jobs. Th

Dec 14, 2023
Product News

Upwork Study Finds 64 Million Americans Freelanced in 2023, Adding $1.27 Trillion to U.S. Economy

The "Freelance Forward: 2023" report by Upwork reveals a significant shift in the U.S. labor market towards freelancing. With 64 million Americans, or 38% of the workforce, now freelancing, the sector contributes $1.27 trillion annually to

Dec 12, 2023
Product News

Checkr'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

Dec 12, 2023
Product News

ADP National Employment Report: Private Sector Employment Increased by 103,000 Jobs in November; Annual Pay was Up 5.6%

ROSELAND, N.J. ,  Dec. 6, 2023  Private sector employment increased by 103,000 jobs in November and annual pay was up 5.6 percent year-over-year, according to the November  ADP ®  National Employment Report™  produced by the ADP Research In

Dec 6, 2023
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