JPMorgan Downgrades Paycom Software (PAYC) to Neutral
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Paycom Software, Inc. Reports Third Quarter 2016 Results
November 1, 2016 4:06 PM EDTThird Quarter Revenue of $77.3 million, up 40% from comparable prior year period
Third Quarter GAAP Net Income of $6.2 million, up 61% from comparable prior year period, or $0.10 per diluted share
Third Quarter Adjusted EBITDA of $18.2 million, up 68% from comparable prior year period
Third Quarter non-GAAP Net Income of $9.0 million, or $0.15 per diluted share
OKLAHOMA CITY--(BUSINESS WIRE)-- Paycom Software, Inc. (Paycom) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced its financial results for the quarter ended September 30, 2016.
We are pleased to... More