Paycom Q2 revenue $438M (+9% YoY), GAAP EPS $1.20 vs $1.11, Non-GAAP EPS $1.62 flat

Paycom Software, Inc.

2024-Q2 EPS reported $5.57 revenue$937,393,000

Total revenue $437.5M (+9.1% YoY); recurring revenue $430.4M (98.4% of total).
GAAP net income $68.0M ($1.20/diluted share) vs $64.5M ($1.11) a year ago.
Non-GAAP net income $91.8M ($1.62/diluted share) vs $94.3M ($1.62) last year.
Adj. EBITDA $159.7M (36.5% margin) vs $156.6M; cash $346.5M, zero debt.
Paid $21.2M dividends and repurchased 573,743 shares for $90.1M in Q2 2024.

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