secwatch.observer — SEC 8-K summary
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Issuer:     Paycom Software, Inc. (PAYC)
CIK:        0001590955
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000950170-24-088567
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590955/000095017024088567/0000950170-24-088567-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590955/000095017024088567/payc-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-088567

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