Investing.com - Paycor HCM reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Paycor HCM announced earnings per share of $0.05 on revenue of $18.3M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $108.51M.
Paycor HCM shares are down 32% from the beginning of the year, still down 24.15% from its 52 week high of $36.35 set on November 5, 2021.
Paycor HCM follows other major Information Technology sector earnings this month
Paycor HCM's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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