Paycor will announce its Q2 fiscal 2025 financial results on February 5, 2025, without a conference call.
Quiver AI Summary
Paycor HCM, Inc. has announced it will release its financial results for the second quarter of fiscal year 2025, which ended December 31, 2024, on February 5, 2025, following the close of U.S. financial markets. Due to a recent acquisition agreement with Paychex, announced on January 7, 2025, Paycor will not hold anearnings conference callor webcast this quarter. Paycor provides a comprehensive human capital management platform that enhances HR, payroll, and talent management, empowering leaders with tools and insights to improve employee engagement and organizational performance.
Potential Positives
- Paycor is set to release its financial results for the second quarter of fiscal year 2025, indicating ongoing operational activity and transparency with stakeholders.
- The definitive agreement to be acquired by Paychex signifies strong interest from a leading industry player, potentially enhancing Paycor's market position and growth prospects.
- The absence of anearnings callsuggests a streamlined communication strategy, likely focusing resources on the acquisition process rather than traditional financial commentary.
- The company highlights its role in providing tools that drive employee engagement and retention, showcasing its commitment to enhancing workforce dynamics and business effectiveness.
Potential Negatives
- The decision not to host anearnings conference callmay indicate a lack of transparency or engagement with investors following the announcement of the acquisition, which could diminish investor confidence.
- The urgency of the acquisition process may create uncertainty regarding Paycor's operational performance and strategic direction in the near term.
- The release does not provide results or insights into Paycor's financial performance, leaving stakeholders without critical information that may impact their perceptions and decisions regarding the company.
FAQ
When will Paycor release its Q2 financial results for FY 2025?
Paycor will release its Q2 financial results on February 5, 2025, after U.S. market close.
Will Paycor host anearnings callfor Q2 fiscal 2025?
No, Paycor will not host anearnings callor webcast due to its acquisition agreement with Paychex.
What did Paycor announce on January 7, 2025?
Paycor announced a definitive agreement to be acquired by Paychex on January 7, 2025.
What solutions does Paycor provide?
Paycor offers an HCM platform that includes HR, payroll, and talent management services.
How can I contact Paycor's investor relations?
You can reach Paycor's investor relations at 513-954-7388 or via email at IR@paycor.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PYCR Insider Trading Activity
$PYCR insiders have traded $PYCR stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $PYCR stock by insiders over the last 6 months:
- JEREMY RISHEL sold 3,723 shares for an estimated $52,196
- JONATHAN CORR sold 1,508 shares for an estimated $20,312
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PYCR Hedge Fund Activity
We have seen 115 institutional investors add shares of $PYCR stock to their portfolio, and 92 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC removed 1,505,692 shares (-98.0%) from their portfolio in Q3 2024, for an estimated $21,365,769
- JPMORGAN CHASE & CO removed 1,328,403 shares (-94.0%) from their portfolio in Q3 2024, for an estimated $18,850,038
- CONESTOGA CAPITAL ADVISORS, LLC removed 1,240,138 shares (-18.1%) from their portfolio in Q3 2024, for an estimated $17,597,558
- MAN GROUP PLC removed 748,192 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $10,616,844
- CITADEL ADVISORS LLC added 567,093 shares (+13.2%) to their portfolio in Q3 2024, for an estimated $8,047,049
- NUVEEN ASSET MANAGEMENT, LLC added 553,852 shares (+216.4%) to their portfolio in Q3 2024, for an estimated $7,859,159
- BANK OF AMERICA CORP /DE/ added 550,108 shares (+23.9%) to their portfolio in Q3 2024, for an estimated $7,806,032
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CINCINNATI, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced that it will release financial results for the second quarter of fiscal year 2025, ended December 31, 2024, after the U.S. financial markets close on Wednesday, February 5, 2025.
In light of the definitive agreement to be acquired by Paychex announced on January 7, 2025, Paycor will not host anearnings conference callor webcast to discuss its second quarter of fiscal year 2025 financial results.
About Paycor
Paycor’s HR, payroll, and talent platform connects leaders to people, data, and expertise. We help leaders drive engagement and retention by giving them tools to coach, develop, and grow employees. We give them unprecedented insights into their operational data with a unified HCM experience that can seamlessly connect to other mission-critical technology. By providing expert guidance and consultation, we help them achieve business results and become an extension of their teams. Learn more at
paycor.com
.
Investor Relations:
Rachel White
513-954-7388
IR@paycor.com
Media Relations:
Carly Pennekamp
513-954-7282
PR@paycor.com
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
