PAYC Stock Recent News

PAYC's fourth-quarter performance benefited from increased sales momentum, international expansion and artificial intelligence integration in its products.

Paycom Software, Inc. (NYSE:PAYC ) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants James Samford - Head of IR Chad Richison - President & CEO Craig Boelte - CFO Bob Foster - CFO Conference Call Participants Raimo Lenschow - Barclays Mason Marion - Jefferies Mark Marcon - Baird Kevin McVeigh - UBS Steve Enders - Citi Jason Celino - KeyBanc Capital Markets Jared Levine - TD Cowen Bhavin Shah - Deutsche Bank Daniel Jester - BMO Capital Markets Michael Funk - Bank of America Joshua Riley - Needham Jake Roberge - William Blair Zachary Gunn - FT Partners Operator Good afternoon. My name is Cameron, and I will be your conference operator today.

Paycom Software (PAYC) came out with quarterly earnings of $2.32 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $1.93 per share a year ago.

Here's our initial take on Paycom Software's (PAYC 1.81%) fourth-quarter financial report.

Human capital management (HCM) solutions specialist Paycom Software (PAYC 1.81%) reported fourth-quarter earnings on Wednesday, Feb. 12, that topped analysts' consensus expectations. Revenue in Q4 reached $493.8 million, exceeding both management's guidance and the analyst consensus of $481 million.

Paycom Software forecast full-year 2025 revenue below market estimates on Wednesday, as businesses cut back on spending for human capital management services, sending its shares down 3.3%.

OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE:PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, announced today the promotion of Bob Foster to chief financial officer (CFO), effective Feb. 21, 2025. He succeeds Craig Boelte, who is retiring after leading Paycom's finance and accounting efforts for nearly 20 years. “I am pleased with what Bob has accomplished in his time at Paycom, including advancing our growth strategy. His expe.

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 and year ended December 31, 2024. “Throughout the year we executed our plan of providing world-class service, solution automation and client ROI achievement, which empowered us to deliver better than expected results to close out the year,” said Paycom founder, CEO.

OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced today that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on March 24, 2025, to all stockholders of record as of the close of business on March 10, 2025. About Paycom For over 25 years, Paycom Software, Inc. (NYSE: PAYC) has simplified business and employees' liv.

Despite macroeconomic headwinds, strength in clientele, automation and international expansion are likely to aid PAYC's Q4 results.