Stifel Raises Price Target on Paycom Software (PAYC) Following Strong 1Q Beat
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Paycom Software, Inc. Reports Record First Quarter 2016 Financial Results
May 3, 2016 4:15 PM EDTRecord First Quarter Revenue of $90.1 million, up 63% from comparable prior year period
Record First Quarter Adjusted EBITDA of $33 million, up 142% from comparable prior year period
Record First Quarter GAAP Net Income of $18.6 million, or $0.31 per diluted share
Record First Quarter non-GAAP Net Income of $19.4 million, or $0.33 per diluted share
OKLAHOMA CITY--(BUSINESS WIRE)-- Paycom Software, Inc. (Paycom) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced its financial results for the quarter ended March 31, 2016.
We kicked off the year with our best... More
