Paycom Software (PAYC) Tops Q1 EPS by 11c; Guides

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Go back to Paycom Software (PAYC) Tops Q1 EPS by 11c; Guides

Paycom Software, Inc. Reports First Quarter 2023 Results

May 2, 2023 4:05 PM EDT

First Quarter Revenues of $452 million, up 28% from the comparable prior year period

First Quarter GAAP Net Income of $119 million, representing 26% of total revenues, or $2.06 per diluted share

First Quarter Non-GAAP Net Income of $143 million, of $2.46 per diluted share

First Quarter Adjusted EBITDA of $221 million, representing 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, 2023.

Results for the first quarter of 2023... More