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Paycor's Fiscal Q3 Adjusted Earnings, Revenue Rise; 2024 Revenue Outlook Narrowed
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Paycor's Fiscal Q3 Adjusted Earnings, Revenue Rise; 2024 Revenue Outlook Narrowed
May 9, 2024 3:09 AM

05:11 AM EDT, 05/09/2024 (MT Newswires) -- Paycor HCM ( PYCR ) reported fiscal Q3 adjusted earnings late Wednesday of $0.21 per diluted share, up from $0.18 a year earlier.

Analysts polled by Capital IQ expected $0.20.

Revenue for the quarter ended March 31 was $187 million, up from $161.5 million a year earlier.

Analysts surveyed by Capital IQ expected $186.6 million.

The human resources software provider expects fiscal Q4 revenue of $160 million to $162 million. Analysts polled by Capital IQ expect $161 million.

For fiscal 2024, the company narrowed its revenue guidance to now be a range of between $650 million and $652 million from a previous range of between $650 million and $656 million. Analysts polled by Capital IQ expect $651.2 million.

Price: 17.49, Change: -0.01, Percent Change: -0.06

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