secwatch.observer — SEC 8-K summary
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Issuer:     Paycom Software, Inc. (PAYC)
CIK:        0001590955
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000950170-24-118991
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paycom Q3 2024: Revenue $452M (+11% YoY); GAAP EPS $1.31; Adj. EBITDA $171M
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- Total revenue of $451.9M, up 11.2% YoY; recurring revenue $445.0M (+11.6%, 98.5% of total).
- GAAP net income $73.3M ($1.31/diluted); non-GAAP net income $93.4M ($1.67/diluted).
- Adjusted EBITDA $171.3M, representing 37.9% of revenue vs 40.8% a year ago.
- Paid $21M in cash dividends and repurchased 303,245 shares for $44M during Q3.
- No debt outstanding; cash and equivalents $325.8M vs $294.0M at Dec 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590955/000095017024118991/0000950170-24-118991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590955/000095017024118991/payc-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-118991

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