secwatch.observer — SEC 8-K summary
======================================

Issuer:     Paycom Software, Inc. (PAYC)
CIK:        0001590955
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0000950170-22-020833
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paycom Q3 revenues up 30% to $334M; GAAP EPS $0.90, non-GAAP EPS $1.27
----------------------------------------------------------------------

- Total revenue $334.2M, +30.4% YoY; recurring revenue $328.2M (98.2% of total).
- GAAP net income $52.2M ($0.90 diluted EPS) vs $30.4M ($0.52) in Q3 2021.
- Non-GAAP net income $73.4M ($1.27 diluted EPS) vs $53.6M ($0.92) prior year.
- Adjusted EBITDA $126M (38% of revenue) vs $89.7M in prior year period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590955/000095017022020833/0000950170-22-020833-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590955/000095017022020833/payc-20221101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-020833

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer