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Paycom Software beats Q3 estimates, issues in-line guidance

Published 10/31/2017, 04:40 PM
© Reuters.  Paycom Software beats Q3 estimates, issues in-line guidance
PAYC
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  • Paycom Software (NYSE:PAYC) shares are down 5.39% aftermarket following Q3 EPs and revenue beats. Q4 guidance falls in-line with consensus with revenue of $111.5M to $113.5M (consensus: $113.06M) and adjusted EBITDA of $26M to $28M.
  • Full-year guidance has revenue between $430.5M and $432.5M (consensus: $431.35M) with adjusted EBITDA from $131M to $133M.
  • Key Q3 metrics: Adjusted EBITDA, $30.7M; cash and equivalents, $66.6M; total debt, $34.4M.
  • Press release
  • Previously: Paycom beats by $0.10, beats on revenue (Oct. 31)
  • Now read: Paycom beats by
  • Now read: Paycom beats by $0.10, beats on revenue
  • .10, beats on revenue


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