Wrapping up Q4 earnings, we look at the numbers and key takeaways for the finance and hr software stocks, including Workday (NASDAQ:WDAY) and its peers.
While the broader market has struggled with the S&P 500 down 6.9% since October 2024, Paylocity has surged ahead as its stock price has climbed by 6.8% to $181.76 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at finance and HR software stocks, starting with Intuit (NASDAQ:INTU).
Software is rapidly reducing operating expenses for businesses. The undeniable tailwinds fueling the industry have also led to strong returns for SaaS stocks lately
as they’ve gained 4.7% over the past six months.
Investing here would have been wise - at the same time, the S&P 500 shed 1.1% of its value.
Online payroll and human resource software provider Asure (NASDAQ:ASUR)
will be reporting earnings tomorrow after market close. Here’s what to look for.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
Online payroll and human resource software provider Paycom (NYSE:PAYC)
will be announcing earnings results tomorrow after the bell. Here’s what you need to know.
Payroll and human resources software provider, Paylocity (NASDAQ:PCTY) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 15.5% year on year to $377 million. Guidance for next quarter’s revenue was better than expected at $441.5 million at the midpoint, 1.9% above analysts’ estimates. Its non-GAAP profit of $1.52 per share was 6.6% above analysts’ consensus estimates.
Payroll and human resources software provider, Paylocity (NASDAQ:PCTY)
will be announcing earnings results tomorrow after market close. Here’s what to look for.
The past six months have been a windfall for Paylocity’s shareholders. The company’s stock price has jumped 49.3%, hitting $198.99 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
