Paycor Q2 2025 Earnings Report
Key Takeaways
Paycor reported a 13% increase in total revenues to $180.4 million for the second quarter of fiscal year 2025. The company's operating profit reached $1.2 million, a significant improvement from the previous year's operating loss of $26.2 million. Paycor has entered into a definitive agreement to be acquired by Paychex, Inc. in an all-cash transaction valued at approximately $4.1 billion.
Total revenues increased by 13% year-over-year to $180.4 million.
Operating profit improved to $1.2 million, compared to an operating loss of $26.2 million in the prior year.
Adjusted operating income rose by 36% year-over-year to $31.8 million.
A definitive agreement to be acquired by Paychex, Inc. for approximately $4.1 billion was entered.
Paycor
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Paycor Revenue by Segment
Forward Guidance
Given the pending transaction with Paychex, Paycor is suspending financial guidance for fiscal year 2025 and will not provide financial guidance for the third quarter ending March 31, 2025.