Paycom Software (PAYC) Tops Q2 EPS by 11c, Offers Guidance

Paycom Software (NYSE: PAYC) reported Q2 EPS of $0.59, $0.11 better than the analyst estimate of $0.48. Revenue for the quarter came in at $128.8 million versus the consensus estimate of $124.35 million.

GUIDANCE:

Paycom Software sees Q3 2018 revenue of $129-131 million, versus the consensus of $127.43 million.

• Adjusted EBITDA in the range of $45.5 million to $47.5 million.

Paycom Software sees FY2018 revenue of $554-556 million, versus the consensus of $547.14 million.

• Adjusted EBITDA in the range of $231.0 million to $233.0 million.

For earnings history and earnings-related data on Paycom Software (PAYC) click here.

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