Paycom (PAYC) Q2 Earnings and Revenues Surpass Estimates

Paycom Software (PAYC) reported second-quarter 2024 results, wherein both the top and bottom lines surpassed the Zacks Consensus Estimate. The online payroll and human resource technology provider reported non-GAAP earnings of $1.62 per share in the second quarter, beating the Zacks Consensus Estimate of$1.58. The bottom line remained unchanged year over year as the benefits of higher revenues and lower share counts were offset by increased operating expenses and income taxes. Paycom reported revenues of $ ...