secwatch.observer — SEC 8-K summary
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Issuer:     Paycom Software, Inc. (PAYC)
CIK:        0001590955
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0000950170-23-056850
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paycom Q3 revenue $406M (+22% YoY); GAAP EPS $1.30, Non-GAAP EPS $1.77
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- Total revenues $406.3M, up 21.6% YoY; recurring revenue $398.8M, up 21.5%.
- GAAP net income $75.2M ($1.30 diluted EPS) vs $52.2M ($0.90) in prior year.
- Non-GAAP net income $102.4M ($1.77 diluted EPS) vs $73.4M ($1.27).
- Adjusted EBITDA $165.6M (41% of revenue) vs $126.0M in prior year.
- Paid $21.6M in dividends, repurchased $76.5M in stock during quarter; cash $484M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590955/000095017023056850/0000950170-23-056850-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590955/000095017023056850/payc-20231031.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-056850

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