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

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

April 30, 2019 4:05 PM EDT

First Quarter Revenues of $199.9 million, up 30% from the prior year period

First Quarter GAAP Net Income of $47.3 million, or $0.81 per diluted share, up 15% from the prior year period

First Quarter Non-GAAP Net Income of $69.3 million, or $1.19 per diluted share, up 24% from the prior year period

First Quarter Adjusted EBITDA of $103.3 million, up 28% from the prior year period

First Quarter Cash from Operations of $80.4 million, an increase of 40% from the prior year period

OKLAHOMA CITY--(BUSINESS WIRE)-- Paycom Software, Inc. (Paycom) (NYSE: PAYC), a leading provider of... More