<div>
  <ul>
    <li>
      <p>
        Paycor&rsquo;s non-GAAP EPS improved to USD 0.18 in Q3 FY2023 (compared to USD 0.11 in Q2 FY2022) and beat analyst EPS consensus of USD 0.15 per share. Total revenue increased by 31.7% YoY to USD 161.5 million in Q3 FY2023 from USD 122.6 million in Q3 FY2022, exceeding the USD 155 million&ndash;157 million internal revenue guidance provided in the previous quarter, and USD 156.1 million analyst revenue consensus.
      </p>
    </li>
    <li>
      <p>
        The company upgraded its FY2023 full-year revenue guidance to USD 548 million&ndash;550 million (27.6%&ndash;28.1% YoY implied growth) from the USD 539 million&ndash;545 million guidance provided in the previous quarter. Adjusted operating income guidance for FY2023 was also revised upwards to USD 80 million&ndash;81 million (68.5%&ndash;70.6% YoY implied growth) from the USD 75 million&ndash;78 million guidance given in Q2 FY2023.
      </p>
    </li>
    <li>
      <p>
        Paycor&rsquo;s GAAP gross profit increased by 37.7% YoY to USD 112.2 million and the gross margin improved by ~3 percentage points (pps) to 69.5% in Q3 FY2023. Adjusted operating income grew by 58.7% YoY to USD 39.1 million with a margin improvement of ~4 pps to 24.2%.
      </p>
    </li>
  </ul>
  <p>
  </p>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://investors.paycor.com/news-releases/news-release-details/paycor-announces-third-quarter-fiscal-year-2023-financial">
      Press release
    </a>
  </p>
  <p>
  </p>
</div>


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