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Earnings

Upwork’s Q3 2024 Financial Results: $193.8M Revenue, Record Net Income of $27.8M, and 22% Adjusted EBITDA Margin

Upwork reported strong financial performance in Q3 2024, achieving a 10% year-over-year revenue increase, with GAAP net income reaching a record $27.8 million and adjusted EBITDA at $43.2 million. The company raised its full-year guidance a

Nov 7, 2024
Company News

ZipRecruiter Resilient Amid Hiring Slowdown with $117.1M Q3 Revenue and Share Repurchase Boost

ZipRecruiter has released its third-quarter 2024 financial results, reporting $117.1 million in revenue but a net loss of $2.6 million. Despite hiring challenges, CEO Ian Siegel reaffirms the company's confidence in the U.S. labor market an

Nov 6, 2024
Product News

Paycor Launches New AI-Powered Assistant to Boost Productivity

Paycor, a leading HCM software provider, has launched the AI-powered Paycor Assistant, designed to streamline HR processes and enhance productivity for both employees and administrators. The new assistant allows users to engage with Paycor’

Nov 5, 2024
Earnings

Heidrick & Struggles Q3 Financials: Revenue Up 6% to $278.6M, Strengthening Global Talent Solutions

Heidrick & Struggles reported solid third-quarter 2024 results, with revenue growth across all segments, hitting $278.6 million—a 6% year-over-year increase. Strengthening its leadership in talent solutions, the company achieved an EPS of $

Nov 4, 2024
Product News

O.C. Tanner Unveils AI-Enabled Insight Tools to Improve Employee Experience

O.C. Tanner’s Culture Intelligence suite introduces AI-driven tools to its Culture Cloud platform, aimed at enhancing employee experience through inclusivity and meaningful recognition. This suite, built on years of workplace culture resear

Nov 1, 2024
Earnings

Insperity Announces Third Quarter Results

Insperity, Inc. reported its third-quarter 2024 results, showcasing a slight decrease in worksite employees (WSEEs) by 2% year-over-year, with a total of 309,088 WSEEs. Despite this, Q3 net income stood at $3 million with a diluted EPS of $

Oct 31, 2024
Earnings

Paycom Q3 2024: A Financial Deep Dive – Revenues Climb to $452M, Up 11%

Paycom Software, Inc. reported robust financial results for the third quarter of 2024, announcing revenues of $452 million, an 11% increase year-over-year. The company's GAAP net income was $73 million, equivalent to $1.31 per diluted share

Oct 30, 2024
Company News

Paylocity Reports $363M Q1 Revenue with 14% Growth, Driven by Airbase Acquisition

Paylocity 's first-quarter fiscal 2025 report highlights a strong start, with 14% growth in recurring and total revenue year-over-year, reaching $363 million. The recent acquisition of Airbase marks an expansion into finance and spend manag

Oct 30, 2024
Company News

Dayforce Reports Impressive Q3 2024 Results: $440 Million in Total Revenue, 19% Growth in Recurring Revenue

Dayforce, a global leader in human capital management technology, reported strong financial performance for Q3 2024, with a notable increase in total revenue to $440.0 million, up 17% year-over-year. Recurring revenue from the Dayforce plat

Oct 30, 2024
Company News

Fiverr Q3 2024: Revenue Hits $99.6 Million, Exceeds Expectations

Fiverr International Ltd. announced robust financial results for Q3 2024, highlighting a revenue increase to $99.6 million and a notable rise in adjusted EBITDA. The company outperformed expectations amidst a challenging macro environment,

Oct 30, 2024
Earnings

ADP Fiscal Q1 2025 Earnings: Revenues Climb to $4.8 Billion, Marking a Strong Start

ADP announced robust first quarter fiscal 2025 results with a 7% increase in revenue reaching $4.8 billion and a 13% increase in diluted EPS at $2.34. Significant highlights include the acquisition of WorkForce Software and the launch of AD

Oct 30, 2024
Product News

Paycor Launches Integration Platform to Transform Connectivity

Paycor has launched its new Integration Platform, aimed at simplifying the connection between its human capital management (HCM) software and third-party business applications. The platform offers three core services: Paycor Marketplace wit

Oct 29, 2024
Venture Capital

Cascade AI Secures $3.75 Million in Funding Led by Gradient

Cascade AI has secured a $3.75 million seed investment, led by Google’s Gradient, to expand its personalized AI HR assistant designed for employee-specific HR inquiries. The investment will help Cascade AI scale and enhance its platform, en

Oct 25, 2024
Earnings

TriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges

TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased he

Oct 25, 2024
Earnings

ServiceNow Reports Q3 2024 Financial Results: 23% Subscription Revenue Growth, Total Revenue Reaches $2.797 Billion

ServiceNow exceeds guidance across all Q3 2024 topline growth and profitability metrics; raises 2024 subscription revenues guidance Subscription revenues of $2,715 million in Q3 2024, representing 23% year‑over‑year growth, 22.5% in constan

Oct 23, 2024
Earnings

ManpowerGroup Reports $4.5B Revenue Amid Global Market Shifts in Q3 2024

ManpowerGroup reported Q3 2024 revenues of $4.5 billion, down 3% year-over-year (-2% in constant currency), reflecting challenges in North America and Europe but strong demand in Latin America and Asia-Pacific. Net earnings per diluted shar

Oct 17, 2024
Product News

Cornerstone Introduces AI-Powered Virtual Companions

Cornerstone OnDemand Inc. , has introduced Immerse Companion, a generative AI-powered solution designed to enhance personalized learning, coaching, and expert-led skill-building in real-time. Unveiled at UNLEASH World 2024, Immerse Companio

Oct 16, 2024
Product News

Paylocity Unveils AI Assistant to Transform HR Efficiency

Paylocity has launched its new AI Assistant, a conversational tool designed to simplify and accelerate HR processes for professionals and employees alike. Integrated into the Paylocity platform, the AI Assistant provides real-time, contextu

Oct 16, 2024
Product News

Perceptyx Launches CWT: Empowering Leaders with Data for Superior Employee Experience

Perceptyx , a leader in employee experience transformation, launched the Center for Workforce Transformation (CWT) on October 15, 2024. CWT is dedicated to improving workplaces through data-driven research and actionable insights. It will f

Oct 16, 2024
Venture Capital

Guild Announces Acquisition of Nomadic, a Leading Capability Academy; Introduces Guild Talent Advantage

Guild has announced its acquisition of   Nomadic Learning , a capability academy company, to launch Guild Academy, a product that integrates education, skilling, and AI-driven insights into a comprehensive platform. The new Guild Talent Adv

Oct 9, 2024
Column

Paychex, Inc. Reports Solid First Quarter Results

Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of th

Oct 2, 2024
Venture Capital

Paylocity Announces Completion of Acquisition of Airbase Inc.

Paylocity has successfully completed the acquisition of Airbase Inc., a spend management platform. This acquisition allows Paylocity to integrate Airbase’s finance tools, including bill pay, expense management, and procurement, into its clo

Oct 1, 2024
Venture Capital

Jet HR Raises €12M in Seed Funding to Revolutionize Payroll Automation in Italy

Jet HR , an Italian startup, has secured €12 million in Seed funding, bringing its total funding to €16.7 million. Founded by Marco Ogliengo and Francesco Scalambrino, Jet HR aims to simplify payroll and HR processes for businesses in Italy

Sep 26, 2024
Product News

ServiceNow Releases New HR Innovations, Empowering Leaders to Fuel Employee and Business Growth

ServiceNow announced its latest HR innovations at the HR Technology Conference, aimed at enhancing employee communications and engagement. The new capabilities include improvements in Talent Development and Employee Journey Management, givi

Sep 25, 2024
Venture Capital

Empower Acquires OptionTrax to Deliver Integrated Equity Compensation Solutions

Empower , a leading retirement and wealth management provider, has acquired Plan Management Corporation (PMC), the company behind OptionTrax ® , a comprehensive digital equity compensation platform. This acquisition will enhance Empower’s s

Sep 23, 2024
Product News

Workday Launches Illuminate: The Next Generation of Workday AI

Workday Inc. has launched Illuminate, the next generation of its AI platform, designed to transform enterprise operations by leveraging the world's largest HR and finance dataset. Illuminate enhances decision-making, accelerates routine tas

Sep 17, 2024
Company News

Deloitte Academies Debuts With the Purpose of Helping Organizations Future-proof Leadership Capabilities and Workforce Skills

Deloitte has launched Deloitte Academies, a comprehensive suite of learning experiences designed to develop vital skills for the future workforce, including high-demand areas such as AI, sustainability, and product innovation, as well as en

Sep 12, 2024
Product News

Oracle Unveils 50+ AI Agents to Transform Work Across Finance, HR, and More

Oracle has announced the launch of over 50 specialized AI agents embedded within Oracle Fusion Cloud Applications, aimed at redefining business operations across various functions such as finance, HR, supply chain, sales, marketing, and cus

Sep 11, 2024
Company News

Greenhouse and BrightHire Unveil AI-Powered Integration to Revolutionize Hiring Efficiency

Greenhouse , a leading hiring platform, has expanded its partnership with BrightHire , the top Interview Intelligence platform, to offer an exclusive AI-powered scorecard integration. This innovation enhances the hiring process by automatin

Sep 10, 2024
Venture Capital

Nayya Secures Strategic Investment from Workday Ventures to Enhance Employee Benefits Experience

Nayya , a leader in the benefits experience platform, announced a strategic investment from Workday Ventures to enhance how employees engage with and choose their benefits. This collaboration aims to simplify the benefits selection process

Sep 5, 2024
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