Paycom Software (PAYC) Tops Q2 EPS by 2c, provides guidance

Paycom Software (NYSE: PAYC) reported Q2 EPS of $1.62, $0.02 better than the analyst estimate of $1.60. Revenue for the quarter came in at $401 million versus the consensus estimate of $398.14 million.

Guidance:
Total Revenues in the range of $410 million to $412 million.

Adjusted EBITDA in the range of $156 million to $158 million.

Year Ending December 31, 2023:

Total Revenues in the range of $1.715 billion to $1.717 billion.

Adjusted EBITDA in the range of $722 million to $724 million.

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

You May Also Be Interested In

• Citrini flags overheating concerns as leverage, chip rally weigh on KOSPI
• William Blair Upgrades Backblaze Inc (BLZE) to Market Perform
• BofA lists top 5 themes driving next $1tn in incremental semi sales