$PAYC #PAYC

Paycom Non-GAAP EPS of $2.80 beats by $0.24, revenue of $530.5M beats by $8.27M

•             Q1 Non-GAAP EPS of $2.80 beats by $0.24.

•             Revenue of $530.5M (+6.1% Y/Y) beats by $8.27M.

•             Adjusted EBITDA2 was $253.2 million, compared to $229.5 million in the same period last year.

Cash and Cash Equivalents were $520.8 million as of March 31, 2025, compared to $402.0 million as of December 31, 2024. During the quarter ended March 31, 2025, Paycom paid $21.1 million in cash dividends and repurchased 24,987 shares of common stock for $5.2 million, in the aggregate.

•             Financial Outlook

Paycom provides the following expected financial guidance for the year ending December 31, 2025.

Total revenue in the range of $2.023 billion to $2.038 billion, representing year-over-year growth of approximately 8% at the midpoint.

Recurring and other revenue growth of approximately 9% year over year.

Interest on funds held for clients of approximately $110 million.

Adjusted EBITDA in the range of $843.0 million to $858.0 million, representing a margin of approximately 42% at the midpoint

Batman Commentary 🦇

Following today’s earnings report, it will likely move toward the red diagonal resistance