Financial Outlook
Paychex’s Acquisition of Paycor Advances as HSR Waiting Period Ends
Paychex has announced the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting period, marking a key milestone in its planned acquisition of Paycor HCM. This development clears a major regulatory hurdle, bringing the deal closer to completion within the first half of 2025. The acquisition is
Feb 27, 2025
Financial Outlook
Workday Reports $8.446B Revenue in FY2025, Subscription Growth Hits 16.9%
Workday reported robust financial results for fiscal 2025, highlighting significant year-over-year growth in both total and subscription revenues. Fourth quarter total revenues reached $2.211 billion, up 15%, while subscription revenues rose 15.9% to $2.040 billion. Annual revenues were $8.446 billi
Feb 25, 2025
Financial Outlook
Alight Reports Q4 2024 Earnings: $680M Revenue with 9.8% BPaaS Growth
Alight, Inc. (NYSE: ALIT) reported its fourth quarter and full-year 2024 financial results, demonstrating resilience despite a slight revenue decline. Q4 revenue stood at $680 million, with Business Process as a Service (BPaaS) revenue growing 9.8% to $146 million, now accounting for 21.5% of total
Feb 20, 2025
Financial Outlook
Financial Outlook
Financial Outlook
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, while non-GAAP net income stood at $93 million, or $1.67 p
Oct 30, 2024
Financial Outlook
Financial Outlook
Alight Names Dave Guilmette as Chief Executive Officer
Alight, Inc. has announced the appointment of Dave Guilmette as Chief Executive Officer, effective immediately. Guilmette, who will retain his position as Vice Chair of the Board of Directors, succeeds Stephan Scholl. Scholl will transition to an advisory role to further the company's strategic init
Aug 26, 2024
Financial Outlook
Workday Announces Fiscal 2025 Second Quarter Financial Results
Workday, Inc. reported strong fiscal 2025 second quarter results, with total revenues reaching $2.085 billion, up 16.7% year-over-year, and subscription revenues at $1.903 billion, up 17.2%. The company’s non-GAAP operating income increased to $518 million, with a 24.9% margin. Workday’s subsc
Aug 22, 2024
Financial Outlook