Paycom: Q4 Earnings Snapshot

OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Paycom Software Inc. (PAYC) on Tuesday reported fourth-quarter net income of $80 million.

On a per-share basis, the Oklahoma City-based company said it had profit of $1.38. Earnings, adjusted for stock option expense, came to $1.73 per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share.

The maker of human-resources and payroll software posted revenue of $370.6 million in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $367.1 million.

For the year, the company reported profit of $281.4 million, or $4.84 per share. Revenue was reported as $1.38 billion.

For the current quarter ending in March, Paycom said it expects revenue in the range of $443 million to $445 million.

The company expects full-year revenue of $1.7 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on PAYC at

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