Paychex has officially acquired Paycor in an all-cash transaction valued at approximately $4.1 billion. This strategic deal merges two HCM powerhouses and aims to create the industry's most comprehensive and flexible AI-driven HR and payroll platform. The acquisition strengthens Paychex’s upmarket

Paychex, Inc. reported a solid third quarter for fiscal 2025, achieving 5% year-over-year revenue growth and 6% growth in operating income. The company recorded $1.49 in adjusted diluted EPS, up 8% from the prior year. Notably, Paychex entered into a definitive agreement to acquire Paycor, a strateg

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

Paycor HCM, Inc. (Nasdaq: PYCR) reported a 13% YoY revenue increase to $180.4 million in Q2 FY 2025, alongside improved operating margins. The company's adjusted operating income grew 36% to $31.8 million, while net loss significantly narrowed to $2.0 million from $26.2 million the previous year. Pa

Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in driving the company's transformation and expansion, tripling it

Paychex, Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credit (ERTC) program's expiration, revenue growth was 7%. Operati

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

Paychex has introduced a new AI-assisted recruiting tool, Recruiting Copilot, in partnership with Findem, to help small and medium-sized businesses streamline the hiring process. Using 3D data and natural-language search, the tool can quickly identify the best-matched candidates from a vast pool of

Paychex, Inc., has launched Paychex Flex® Engage, a comprehensive employee engagement platform designed to enhance collaboration and performance management across diverse workforces. This solution integrates features such as employee engagement, rewards and recognition, performance and goal managem

  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," "Paychex," "we," "our," or "us") toda