secwatch.observer — SEC 8-K summary
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Issuer:     PAYCOR HCM, INC. (—)
CIK:        0001839439
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001839439-24-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839439/000183943924000013/0001839439-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839439/000183943924000013/pycr-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001839439-24-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer