Paycom Software On Track With Double-Digit Q3 Growth

By | November 3, 2015

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Paycom Software reported better-than-expected Q3 earnings and sales after the close Tuesday. Its Q4 sales forecast also beat expectations as its shares rose. Paycom (PAYC) reported revenue of $55.3 million, up 51% from the year-earlier quarter, vs. the analyst consensus (as polled by Thomson Reuters) estimate of $51.5 million. It was the company’s strongest revenue growth as a public company and marked Paycom’s 19th straight quarter of Scalper1 News

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