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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
Company News
Talent Intelligence Leader Loxo Raises $115M to Revolutionize AI Recruiting with Tritium Partners Investment
Loxo, a leading AI-powered talent intelligence platform, has secured a $115 million growth investment led by private equity firm Tritium Partners. This funding will accelerate AI and product development, further solidifying Loxo's position in the recruiting software market. Recognized for its AI-dri
Feb 20, 2025
Company News
KKR Acquires Stake in HRM Platform Employment Hero from SEEK Investments
KKR, a leading global investment firm, has acquired a stake in Employment Hero, a prominent HR management platform, from SEEK Investments. Despite this transaction, the SEEK Growth Fund will continue as a material investor in the company. Employment Hero, founded in 2014, has grown to serve over 300
Feb 18, 2025
Company News
TriNet Reports $5.1 Billion FY 2024 Revenue with Strategic Growth Outlook
TriNet (NYSE: TNET), a leading provider of human capital management (HCM) solutions for SMBs, reported its Q4 2024 and full-year financial results. Revenue grew by 1% YoY to $1.3 billion for Q4 and $5.1 billion for FY 2024. Despite record worksite employee (WSE) retention, net income declined to $17
Feb 13, 2025
Company News
HiBob Acquires Mosaic for $35 Million to Integrate HR and Financial Planning
HiBob  has announced its acquisition of Mosaic, a leading Financial Planning and Analysis (FP&A) platform, to bridge the gap between HR and finance for mid-sized businesses. This integration will empower companies with real-time insights that connect workforce strategies with financial performa
Feb 13, 2025
Company News
Upwork Reports Fourth Quarter and Full Year 2024 Financial Results
Upwork reported record-breaking financial results for Q4 2024 and the full year 2024, achieving all-time highs in revenue ($769.3M, up 12%), GAAP net income ($215.6M, up 360%), and adjusted EBITDA ($167.6M, up 129%). The company also saw significant improvements in profitability, with a 26% adjusted
Feb 13, 2025
Company News
Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results
aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year, with a GAAP net income of $502 million (27% of total revenues). Adjusted EBITDA reached $775 million (41% of revenues). For Q4
Feb 12, 2025
Company News
Recruit Holdings Reports Q3 FY2024 Earnings: Revenue Rises 3.5% to JPY 896.9 Billion (USD 5.83 Billion), Driven by HR Technology Growth
Recruit Holdings , posted a 3.5% year-over-year revenue increase for Q3 FY2024, totaling JPY 896.9 billion (USD 5.83 billion). Operating income surged 28.2%, while adjusted EBITDA climbed 13.5%. The company highlighted stabilization in the US job market but noted weaker labor demand in Europe. HR te
Feb 12, 2025
Company News
The Next Generation of Workforce Management is Here--Workday Unveils New Agent System of Record
Workday has introduced the Agent System of Record, a new AI-powered platform designed to help businesses manage their growing fleet of AI agents. This centralized system enables organizations to govern, track, and optimize both Workday and third-party AI agents, ensuring compliance, security, and co
Feb 11, 2025
Company News
Insperity Announces Fourth Quarter and Full Year 2024 Results
Insperity(NYSE: NSP), a leading HR solutions provider, reported its Q4 2024 and full-year 2024 financial results, with revenues reaching $6.6 billion for the year, a 1% increase year-over-year. Net income stood at $91 million, while adjusted EBITDA totaled $270 million. The company returned $152 mil
Feb 10, 2025
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