{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-016670","form_type":"8-K","ticker":"PAYC","cik":"0001590955","company_name":"Paycom Software, Inc.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.561521+00:00","generated_at":"2026-06-16T03:31:18.480197+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Paycom Q1 revenue up 28% to $452M, GAAP EPS $2.06, initiates $1.50 annual dividend","bullets":["Q1 2023 revenue $451.6M (+28% YoY); recurring revenue $444.4M (98.4% of total).","GAAP net income $119.3M ($2.06 diluted EPS); non-GAAP net income $142.7M ($2.46 diluted EPS).","Adjusted EBITDA $220.5M (49% margin) vs $170.1M in prior year.","Board approved initial cash dividend policy: $0.375 quarterly ($1.50 annual); first payment expected mid-June subject to approval."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-016670","json":"https://secwatch.observer/filing/0000950170-23-016670.json","markdown":"https://secwatch.observer/filing/0000950170-23-016670.md","text":"https://secwatch.observer/filing/0000950170-23-016670.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590955/000095017023016670/0000950170-23-016670-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590955/000095017023016670/payc-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:31:18.480197+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"17e4fd22d44eecf237faeaeaf8757753939f6457","claim":"Paycom Software, Inc. reported the quarter ended March 31, 2023 results: revenue $452 million, net income $119 million, EPS $2.06 per diluted share.","evidence_excerpt":"Paycom Software, Inc. Reports First Quarter 2023 Results First Quarter Revenues of $452 million, up 28% from the comparable prior year period First Quarter GAAP Net Income of $119 million, representing 26% of total revenues, or $2.06 per diluted share First Quarter Non-GAAP Net Income of $143 million, of $2.46 per diluted share First Quarter Adjusted EBITDA of $221 million, representing 49% of total revenues","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590955/000095017023016670/0000950170-23-016670-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$452 million"},{"label":"Net income","value":"$119 million"},{"label":"EPS","value":"$2.06 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}