Paycom Software (PAYC) reported earnings on Tue 5 Feb 2019 (a/h)

 Paycom Software, Inc. , known simply as Paycom, provides cloud-based human capital management (HCM) software service for small to mid-sized companies in the United States. It provides functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement.

• Sector: Technology
• Industry: Software - Application
• Full Time Employees: 2,548
• Founded in 1998 
• Headquartered in Oklahoma City, Oklahoma
• http://www.paycom.com

 

Paycom Software beats by $0.05, beats on revs; guides Q1 revs above consensus; guides FY19 revs above consensus

• Reports Q4 (Dec) earnings of $0.61 per share, excluding non-recurring items, $0.05 better than the S&P Capital IQ Consensus of $0.56; revenues rose 31.8% year/year to $150.33 mln vs the $144.1 mln S&P Capital IQ Consensus.
• Adjusted EBITDA was $57.5 million, compared to $48.4 million in the same period last year, as adjusted.
• Co issues upside guidance for Q1, sees Q1 revs of $194-196 mln vs. $190.95 mln S&P Capital IQ Consensus; sees Adjusted EBITDA in the range of $97.0 million to $99.0 million.
• Co issues upside guidance for FY19, sees FY19 revs of $710-712 mln vs. $696.66 mln S&P Capital IQ Consensus; sees Adjusted EBITDA in the range of $288.0 million to $290.0 million.