Paycom Software (PAYC) Tops Q2 EPS by 28c; offers guidance
Paycom Software (NYSE: PAYC) reported Q2 EPS of $2.06, $0.28 better than the analyst estimate of $1.78. Revenue for the quarter came in at $483.6 million versus the consensus estimate of $472.01 million.
GUIDANCE:
Paycom Software sees FY2025 revenue of $2.045-2.055 billion, versus the consensus of $2.03 billion.
Recurring and other revenue growth of approximately 10% year over year.
Interest on funds held for clients of approximately $113.0 million.
Adjusted EBITDA in the range of $872.0 million to $882.0 million, representing a margin of approximately 43% at the midpoint.
For earnings history and earnings-related data on Paycom Software (PAYC) click here.
