Reports Q3 revenue $493.3M, consensus $492.92M. The company said, “We delivered another strong quarter of double-digit organic recurring revenue growth and expanding margins. Our award-winning products Beti, GONE and IWant continue to be differentiators in the market, expanding our sales pipeline. We remain focused on full-solution automation and command-driven navigation, which are delivering tremendous ROI for our clients and fundamentally transforming how executives, managers and employees engage with their HR and payroll information.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PAYC:
- Paycom Software’s Earnings Call: Strong Growth Amid Challenges
- Paycom price target lowered to $165 from $240 at Stifel
- Paycom price target lowered to $200 from $258 at TD Cowen
- Paycom price target lowered to $220 from $235 at JPMorgan
- Why Elon Musk’s Trillion-Dollar Pay Plan Isn’t a Sure Thing. Here’s Some Cautionary Tales.