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Venture Capital

ServiceNow to extend leading agentic AI to every employee for every corner of the business with acquisition of Moveworks

ServiceNow has signed a definitive agreement to acquire Moveworks, combining ServiceNow’s agentic AI and automation strengths with Moveworks’ front-end AI assistant and enterprise search capabilities. This move aims to deliver powerful AI-d

Mar 10, 2025
Earnings

HireQuest Reports Q3 Growth: Franchise Royalties Increase to $9M, Adjusted Net Income Rises 29%

HireQuest , Inc., a national franchisor of staffing services, reported its Q3 2024 financials, showing slight growth in key revenue streams despite market challenges. Franchise royalties grew by 0.9% to $9.0 million from $8.9 million in the

Nov 8, 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
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
Venture Capital

Workday Signs Definitive Agreement to Acquire Evisort

Workday , a leading enterprise platform for managing human resources and financial data, has announced the acquisition of Evisort , an AI-native document intelligence platform. This acquisition aims to enhance Workday's capabilities in surf

Sep 17, 2024
Company News

Kelly Services Reports Strong Q2 Results Despite Revenue Dip from European Operations Sale

Kelly Services reported its second-quarter 2024 earnings, showing operating earnings of $12.2 million and adjusted earnings of $28.1 million, a 95% increase from the previous year. Despite a 13.1% decrease in revenue due to the sale of Euro

Aug 8, 2024
Company News

Recruit Holdings Co., Ltd. Announces Q1 FY2024 Financial Results

Recruit Holdings Co., Ltd. announced its Q1 FY2024 financial results, highlighting significant growth across all key metrics. The company reported a 6.0% increase in revenue, reaching ¥901.56 billion, driven by strong performances in its HR

Aug 8, 2024
Company News

ZipRecruiter Achieves Strong Q2 2024 Results with $123.7M Revenue and Continued Innovation

ZipRecruiter announced its financial results for the quarter ending June 30, 2024, reporting a quarterly revenue of $123.7 million and a net income of $7.0 million, which represents a 6% net income margin. The company also achieved an Adjus

Aug 7, 2024
Company News

Paycom Reports Robust Q2 2024 Results: Revenue Growth and Strong Cash Position

Paycom   Software, Inc. reported its financial results for the second quarter of 2024, with total revenues reaching $438 million, marking a 9% increase from the previous year. The GAAP net income was $68 million, equivalent to $1.20 per dil

Jul 31, 2024
Earnings

Paychex, Inc. Reports Fourth Quarter and Full Year 2024 Results

Solid Total Revenue Growth and Operating Margin Expansion Full Year 2024 Diluted EPS Growth of 9%; Adjusted Diluted EPS (1)  Growth of 11% Issues Fiscal 2025 Business Outlook ROCHESTER, N.Y.--( BUSINESS WIRE )--Paychex, Inc. (the "Company,"

Jun 26, 2024
Venture Capital

ServiceNow acquires Advance Solutions IP to enhance talent acquisition experience

ServiceNow has acquired Intella, an end-to-end talent acquisition solution from Advance Solutions Corp., to enhance its Now Platform. This acquisition streamlines the recruitment, hiring, and onboarding processes, integrating these function

May 8, 2024
Earnings

Heidrick & 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

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

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
Column

Randstad Selects Workday for Global Finance, HR, and Talent Solutions

Companies Also to Explore Mutual Service Offering to Provide Businesses Around the World With Greater Access to Talent Management Tools PLEASANTON, Calif. ,  April 11, 2024 --  Workday, Inc.  (NASDAQ: WDAY), a leading provider of solutions

Apr 11, 2024
Company News

Workday Adaptive Planning and Consolidation Delivers Efficiency, Agility, and Ease of Use to Finance Organizations

Workday introduces "Workday Adaptive Planning and Consolidation," a new Enterprise Performance Management (EPM) solution enhancing finance organization efficiency. This innovative product integrates Workday Adaptive Planning's agile plannin

Mar 19, 2024
Venture Capital

HireRight Embarks on a New Chapter: $1.65 Billion Acquisition by Leading Investment Giants

HireRight Holdings Corporation, a leader in global background screening services and workforce solutions, has announced its acquisition by investment funds affiliated with General Atlantic and Stone Point Capital. This strategic move, value

Feb 16, 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

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
Company News

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
Column

News 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

Dec 5, 2023
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