Paycom Software, Inc. Reports First Quarter 2019 Results, Raises Guidance for Full Year 2019

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Paycom Software (PAYC) Tops Q1 EPS by 8c, Revenues Beat; Affirms FY19 Revenue Guidance Above Consensus, Offers 2Q Revenue Views

April 30, 2019 4:09 PM EDT

Paycom Software (NYSE: PAYC) reported Q1 EPS of $1.19, $0.08 better than the analyst estimate of $1.11. Revenue for the quarter came in at $199.9 million versus the consensus estimate of $195.49 million.

First Quarter Revenues of $199.9 million, up 30% from the prior year periodFirst Quarter GAAP Net Income of $47.3 million, or $0.81 per diluted share, up 15% from the prior year... More