Paycom Software, Inc. (PAYC) Tops Q3 EPS by 1c

Paycom Software, Inc. (NYSE: PAYC) reported Q3 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $36.6 million versus the consensus estimate of $34.5 million.

“We continued to experience robust demand for our advanced human capital management and payroll software solution in the third quarter,” said Chad Richison, President and Chief Executive Officer of Paycom. “The power, flexibility and value of a single-database system are resonating with our current and prospective clients. Human resource professionals are increasingly looking to leverage technology to become key strategic players within the organization, and the Paycom solution is uniquely suited to help them achieve this.”

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

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