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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 the Employee Retention Tax Credit (ERTC) and one less payroll
Oct 2, 2024
EBITDA
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 cloud-based HR and payroll software. The integration aims to
Oct 1, 2024
EBITDA
Insperity Achieves 16% Gross Profit Growth in Q2 2024 Amid Economic Challenges
Insperity, Inc. reported strong financial results for Q2 2024, despite a slight decrease in the average number of worksite employees (WSEEs). Gross profit increased by 16% to $260 million due to strong pricing and lower benefits costs. Net income reached $18 million, with a diluted EPS of $0.48. Adj
Aug 1, 2024
EBITDA
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 million share repurchase approval. The company highlighted signi
Jul 31, 2024
EBITDA
Korn Ferry Announces Fourth Quarter and Full Year FY'24 Results of Operations
Korn Ferry reported its Q4 FY'24 fee revenue at $690.8 million, a 5% decrease from the previous year, and full-year revenue of $2.76 billion, down 3%. Despite the revenue decline, the company saw improved profitability with Q4 net income of $65.2 million and adjusted EBITDA of $112.3 million. Consul
Jun 13, 2024
EBITDA
ZipRecruiter Announces First Quarter 2024 Results
ZipRecruiter reported a revenue of $122.2 million in the first quarter of 2024, with a net loss of $6.5 million, reflecting a net loss margin of 5%. Adjusted EBITDA for the quarter was $20.8 million, marking a 17% margin. Despite the challenging hiring environment, CEO Ian Siegel highlighted early s
May 10, 2024
EBITDA
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 Atreus Group GmbH and businessfourzero, the net income s
May 6, 2024
EBITDA
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 and capabilities across various sectors, including technolog
May 3, 2024
EBITDA
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 of $91 million and adjusted net income of $111 million. The n
Apr 26, 2024
EBITDA
Aon’s $13.4 Billion Gamble: Acquiring NFP to Dominate the Middle Market
Expands Aon's presence in large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm's Aon Business Services platform to deliver more value to clients Brings together two cultures with a shared commitment to client excellence, colleague opportunity
Dec 20, 2023
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