Welcome to our dedicated page for Paycom Software news (Ticker: PAYC), a resource for investors and traders seeking the latest updates and insights on Paycom Software stock.
Paycom Software, Inc. provides cloud-based human capital management software for payroll, HR management, talent acquisition, talent management, and time and labor functions. Its platform is built on a single database and uses employee-first automation to manage employment life cycle workflows for organizations in the U.S. and internationally.
Paycom news commonly covers quarterly results, recurring revenue trends, cash dividends, share repurchase activity, product releases, and updates to automation tools such as IWant, Beti, GONE, and Career and Succession Planning. Company updates also include third-party HCM software recognition, client ROI studies, executive appointments, and governance actions tied to its cloud payroll and HR software business.
Paycom Software, Inc. (NYSE:PAYC), a leader in cloud-based human capital management software, will present virtually at the Barclays Global Technology, Media and Telecommunications Conference on December 7 at 3 p.m. Eastern. A live webcast will be available on their investor site, with a replay accessible for 90 days. Paycom's innovative software enables companies to manage the entire employment life cycle, from recruitment to retirement, serving businesses of all sizes across the U.S.
The Oklahoma Sports Hall of Fame announced three finalists for the 2021 Paycom Jim Thorpe Award, recognizing the best defensive back in college football. The finalists are Coby Bryant (University of Cincinnati), Verone McKinley III (University of Oregon), and Jalen Pitre (Baylor University). The award is evaluated based on performance, athletic ability, and character. The winner will be revealed on Dec. 9 during The Home Depot College Football Awards. The Paycom Jim Thorpe Award has been sponsored since May 2017 by Paycom Software.
Paycom Software, Inc. (NYSE: PAYC) reported impressive Q3 2021 results with revenues of $256.2 million, a 30.4% increase from the prior year. GAAP net income reached $30.4 million or $0.52 per diluted share, while non-GAAP net income was $53.6 million, or $0.92 per diluted share. Adjusted EBITDA stood at $89.7 million, representing 35.0% of total revenues. The company reported cash and cash equivalents of $230.9 million and reduced net debt to $29.6 million. Guidance for Q4 projects revenues between $274.5 million and $276.5 million.
Oklahoma Sports Hall of Fame announced the 12 semifinalists for the 2021 Paycom Jim Thorpe Award, honoring the best defensive back in college football. The award is based on performance, athletic ability, and character. Semifinalists represent six conferences and will be re-evaluated as the season progresses. The finalists will be announced on Nov. 23, with the winner revealed on Dec. 9 during The Home Depot College Football Awards Show. This prestigious award, established in 1986, is sponsored by Paycom Software, symbolized by its commitment to excellence in sports.
Paycom Software, Inc. (NYSE:PAYC) will announce its third-quarter results for the period ending September 30, 2021, on November 2, 2021, after market close. A conference call is scheduled for 5 p.m. ET the same day to discuss these results. Investors can access the call via dial-in or through a webcast at investors.paycom.com. A replay will be available from November 2 to November 9, 2021.
Paycom is a leader in cloud-based human capital management software, providing a comprehensive platform for managing the employment life cycle.
Paycom Software, Inc. (NYSE:PAYC) has been awarded the 2021 Top HR Product title for its innovative product, Beti, by Human Resource Executive magazine at the HR Technology Conference. This recognition marks Paycom's third consecutive year receiving honors for its technology solutions. Beti allows employees to manage their own payroll, enhancing accuracy and reducing costly corrections. By empowering employees to oversee their payroll data, Paycom aims to improve overall HR efficiency and employee satisfaction.
Paycom Software, Inc. (NYSE: PAYC) has appointed Sharen Jester Turney to its board of directors as a Class I director, succeeding Janet Brutschea Haugen. Turney, with over 30 years of experience, is recognized for her leadership roles at Gloria Jeans and Victoria’s Secret. Her appointment, effective Sept. 28, 2021, is expected to enhance Paycom's strategic direction, particularly in technology adoption. Turney’s background in ecommerce aligns with Paycom’s innovation-driven ethos. The company is poised for growth, leveraging its unique offerings to redefine human capital management in the evolving business landscape.
Paycom Software, Inc. (NYSE:PAYC) has updated its cost estimates for manual data entry and HR tasks via its Direct Data Exchange (DDX) tool, showing an increase from $4.51 to $4.70 per entry according to Ernst & Young. DDX, launched in 2019, helps businesses track HR technology usage and ROI, indicating a continuing rise in HR task costs since 2018. The cost can reach up to $19.77 for specific entries. DDX empowers clients to optimize employee engagement with HR technology, enhancing overall efficiency.
Paycom Software, Inc. (NYSE:PAYC), a leader in cloud-based human capital management software, will participate in the Jefferies Virtual Software Conference on September 15 at 3:30 p.m. Eastern. A live webcast of the presentation can be accessed at investors.paycom.com. The replay will be available for 90 days after the event. Paycom serves clients across all 50 states, providing comprehensive solutions for the entire employment life cycle.
Paycom Software (NYSE:PAYC) will present at the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 10, 2021, at 2:55 p.m. Eastern Time. The virtual presentation aims to showcase Paycom's cloud-based human capital management software, which supports businesses through the entire employment life cycle. A live webcast will be available at investors.paycom.com, with replays accessible for 90 days post-event. Paycom serves clients across all 50 states, offering solutions tailored for various industries.