Vertex Pharmaceuticals stock falls after pain drug fails in Phase 2 study
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 EPS of $0.03 on revenue of $108.51M.
Paycor HCM 's are down 32% and is trading at $27.57 , still down 24.15% from its 52 week high of $36.35 set on Friday, 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 Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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