Paycom (PAYC) Q1 Earnings and Revenues Surpass Estimates

Paycom Software (PAYC) reported first-quarter 2024 results, wherein both the top and bottom lines surpassed the Zacks Consensus Estimate and improved year over year.The online payroll and human resource technology provider reported non-GAAP earnings of $2.59 per share in the first quarter, beating the Zacks Consensus Estimate of$2.43. The bottom line improved 5.28% from $2.46 per share reported in the year-ago quarter.Paycom reported revenues of$499.9 million, beating the consensus mark of $495.9 million. ...