Jefferies Reiterates Buy Rating on Paycom (PAYC) Posts Q4

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Paycom Software, Inc. Reports Fourth Quarter and Year-End 2016 Results

February 8, 2017 4:36 PM EST

OKLAHOMA CITY--(BUSINESS WIRE)-- Paycom Software, Inc. (NYSE: PAYC):

Fourth Quarter Revenues of $87.8 million, up 34.8% from comparable prior year periodFourth Quarter GAAP Net Income of $8.6 million, or $0.15 per diluted share, up 67.4% from comparable prior year periodFourth Quarter Adjusted EBITDA of $20.7 million, up 97.4% from comparable prior year periodFourth Quarter non-GAAP Net Income of $10.8 million, or $0.18 per diluted share

Full Year 2016 Revenues of $329.1 million, up 46.5% from comparable prior year periodFull Year 2016 GAAP Net Income of $43.8 million, or $0.74 per diluted share, up 109.3% from comparable prior year periodFull Year 2016 Adjusted EBITDA of... More