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Paylocity Announces Second Quarter Fiscal Year 2025 Financial Results
Paylocity reported strong financial results for Q2 FY2025, with total revenue reaching $377.0 million, a 16% YoY increase. Recurring & other revenue grew 17% YoY to $347.7 million, driven by strong sales and product innovation. GAAP operating income stood at $46.6 million, while non-GAAP operati
Feb 7, 2025
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Phenom Acquires EDGE to Enhance Workforce Intelligence for Professional Services, IT Services, and Global Capability Centers
Phenom, an AI-driven HR technology leader, has acquired EDGE, a top resource management and talent mobility platform. This move enhances Phenom’s Intelligent Talent Experience platform with advanced resource planning capabilities, catering specifically to professional services firms and global cap
Feb 6, 2025
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DHI Group Reports 2024 Fourth Quarter and Full Year Financial Results
DHI Group, Inc. (NYSE: DHX) reported a 7% decline in total revenue for both Q4 2024 and full-year 2024. ClearanceJobs revenue grew by 7% in Q4 and 8% for the full year, while Dice revenue fell by 14% for both periods. Net income for Q4 2024 was $1.0 million, down from $2.1 million in Q4 2023. Full-y
Feb 5, 2025
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Paycor Reports 13% Revenue Growth in Q2 FY 2025, Announces $4.1B Acquisition by Paychex
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
Feb 5, 2025
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Conversational AI Leader Paradox Acquires People Analytics Platform Eqtble to Advance AI Vision
Paradox, a leader in conversational AI for talent acquisition, has acquired people analytics platform Eqtble. The acquisition aims to enhance AI-driven hiring intelligence by integrating Eqtble's expertise in workforce analytics with Paradox’s AI-powered recruiting automation. In 2024, Paradox aut
Feb 5, 2025
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Workday Announces Workforce Reduction of 1,750 Employees to Optimize Operations
Workday (NASDAQ:WDAY) is cutting 1,750 jobs, representing about 8.5% of its workforce, as part of a broader initiative to improve operational efficiency and refocus on core business areas. Despite the layoffs, Workday plans to continue hiring in strategic areas while exiting certain owned office spa
Feb 5, 2025
Company News
Dayforce Reports $1.76B in Revenue for 2024, Driving HR Tech Growth
Dayforce, a leading human capital management (HCM) technology provider, reported strong financial results for Q4 and FY 2024, with total revenue reaching $1.76 billion (up 16.3% YoY) and recurring revenue climbing to $1.34 billion (up 20.6% YoY). The company maintained a 98% gross revenue retention
Feb 5, 2025
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ASGN Incorporated to Acquire TopBloc, A Preferred Workday Services Partner
ASGN Incorporated (NYSE: ASGN), a leading IT services provider, has announced its acquisition of TopBloc, a high-growth Workday consultancy, for $340 million in cash and equity. This move positions ASGN as a key player in the expanding Workday ecosystem, addressing the increasing demand for enterpri
Feb 5, 2025
Company News
Nationally Acclaimed Government Organization Creates Flexible, Empowering Workforce Experience with UKG
Western DuPage Special Recreation Association (WDSRA), a government organization offering inclusive programs for individuals with special needs, has implemented the UKG Ready suite to streamline HR, payroll, and workforce management. By adopting UKG, WDSRA has enhanced hiring, onboarding, and compli
Feb 5, 2025
Company News
Deel Secures New Investors in $300M Secondary Share Sale, Achieves $800M Run-Rate
Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a secondary market transaction, reflecting strong investor confi
Feb 4, 2025
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