Paycom Software, Inc. Announces Rise In Q2 Profit

(RTTNews) - Paycom Software, Inc. (PAYC) reported a profit for its second quarter that Increases, from last year

The company's bottom line came in at $89.5 million, or $1.58 per share. This compares with $68.0 million, or $1.20 per share, last year.

Excluding items, Paycom Software, Inc. reported adjusted earnings of $116.6 million or $2.06 per share for the period.

The company's revenue for the period rose 10.5% to $483.6 million from $437.5 million last year.

Paycom Software, Inc. earnings at a glance (GAAP) :

-Earnings: $89.5 Mln. vs. $68.0 Mln. last year. -EPS: $1.58 vs. $1.20 last year. -Revenue: $483.6 Mln vs. $437.5 Mln last year.

-Guidance: Full year revenue guidance: $2.045 - $2.055 Bln