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Image source: The Motley Fool. Paycom Software (NYSE: PAYC) Q3 2024 Earnings Call Oct 30, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Paycom's Q3 results and forward guidance suddenly have investors feeling very bullish again.
For 2024, Paycom expects total revenue growth of around 10%. The company is also targeting adjusted EBITDA between $745 and $752 million, representing a 4% increase from the result in 2023.
The company posted strong earnings for the third quarter.
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Richison founded Paycom in 1998 and has remained on as its President and Chief Executive Officer. Paycom is believed to be one of the first companies to process payroll completely online and has been recognized by Fortune, Forbes and Inc. Magazine for its continued growth as one of the fastest-growing companies in the U.S. [4] [5]
Paycom (PAYC) delivered earnings and revenue surprises of 7.63% and 1.85%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Paycom's automated solutions are beloved by its customers, and the results may be starting to show. ... News. Science & Tech. Shopping. Sports. Weather ...