Paycom Software (PAYC) Tops Q1 EPS by 5c, Revenues Beat; Offers 2Q & FY21 Revenues Guidance Above Consensus

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Go back to Paycom Software (PAYC) Tops Q1 EPS by 5c, Revenues Beat; Offers 2Q & FY21 Revenues Guidance Above Consensus

Paycom Software, Inc. Reports First Quarter 2021 Results

May 4, 2021 4:05 PM EDT

First Quarter Revenues of $272.2 million, up 12.3% from the comparable prior year period

First Quarter GAAP Net Income of $64.6 million, representing 23.7% of total revenues, or $1.11 per diluted share

First Quarter Non-GAAP Net Income of $85.9 million, or $1.47 per diluted share

First Quarter Adjusted EBITDA of $133.0 million, representing 48.9% 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, 2021.

Our momentum continued with robust first quarter results.... More