Paycor Q3 revenues $187M (+16% YoY); raises FY guidance to $650-652M

PAYCOR HCM, INC.

2024-Q3 EPS reported -$0.23 revenue$490,148,000

Total revenues $187.0M, up 16% YoY; recurring revenue $172.0M (+14% YoY).
Operating income $7.5M vs loss of $8.0M; adjusted operating income $47.7M vs $39.1M.
Net income $6.2M vs net loss of $7.3M; adjusted net income $37.5M vs $31.6M.
FY2024 revenue guidance $650-$652M (~18% YoY growth at top end).
Recurring revenue ex-form filings grew 20% YoY; adjusted operating margins +130 bps.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PAYCOR HCM, INC. reported financial results for third quarter fiscal year 2024, which ended March 31, 2024.

Period: third quarter fiscal year 2024, which ended March 31, 2024
Result: reported results

Exact text from the filing

On May 8, 2024, Paycor HCM, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0001839439-24-000013

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