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Paycom: Q2 Earnings Snapshot
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OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Paycom Software Inc. (PAYC) on Wednesday reported second-quarter earnings of $107.4 million.

On a per-share basis, the Oklahoma City-based company said it had profit of $2.34. Earnings, adjusted for stock option expense, came to $2.78 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.28 per share.

The maker of human-resources and payroll software posted revenue of $531.2 million in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $512.3 million.

Paycom expects full-year revenue in the range of $2.2 billion to $2.21 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAYC at https://www.zacks.com/ap/PAYC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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