Paycom Software (PAYC) Tops Q1 EPS by 6c, Withdraws Outlook

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Paycom Software, Inc. Reports First Quarter 2020 Results

April 28, 2020 4:06 PM EDT

First Quarter Revenues of $242.4 million, up 21% from the comparable prior year period

First Quarter GAAP Net Income of $63.0 million, or 26% of total revenues, or $1.08 per diluted share

First Quarter Adjusted EBITDA of $117.9 million, or 49% of total revenues

OKLAHOMA CITY--(BUSINESS WIRE)-- Paycom Software, Inc. (Paycom, we, and our) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced its financial results for the quarter ended March 31, 2020.

Im proud of our excellent first quarter results and the continued success we are having onboarding new... More