Company News
Company News
Upwork Shatters Financial Records with $22.2M Net Income in Q2 2024
Upwork Inc. (Nasdaq: UPWK), reported its financial results for Q2 2024, showcasing a robust performance with a record GAAP net income of $22.2 million and a 15% year-over-year revenue growth to $193.1 million. The company achieved a diluted EPS of $0.17 and an adjusted EBITDA of $40.8 million. Nota
Aug 7, 2024
Company News
ZipRecruiter Acquires People-Powered Job Comparison Site Breakroom
ZipRecruiter has acquired Breakroom, a UK-based employer review platform focused on frontline industries. ZipRecruiter plans to launch Breakroom in the U.S., providing job seekers with transparent insights on pay, work conditions, and culture from frontline workers. Breakroom will operate independen
Aug 7, 2024
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Company News
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Company News
Adecco Group Reports Resilient Q2 2024 Performance Amid Market Challenges
The Adecco Group reported a Q2 2024 revenue of €5.84 billion, down 2% on an organic and trading days adjusted basis, reflecting market challenges. Despite a 5% drop in gross profit, cost savings measures helped maintain a stable EBITA margin. CEO Denis Machuel highlighted market share gains and ro
Aug 6, 2024
Company News
Company News
TrueBlue Reports Second Quarter 2024 Results
TrueBlue reported its second quarter 2024 results, highlighting a challenging market environment marked by economic uncertainty and client caution. Revenue for the quarter was $396 million, down 17% from the previous year. The company incurred a net loss of $105 million, largely due to non-cash impa
Aug 5, 2024
Company News
Paylocity Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results
Paylocity announced strong financial results for Q4 and FY 2024, with notable increases in revenue and profitability. Q4 2024 saw a 16% rise in total revenue to $357.3 million and a 15% rise in recurring revenue to $324.7 million. For FY 2024, total revenue grew 19% to $1,402.5 million and recurring
Aug 1, 2024