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 (PAYC) delivers innovative cloud-based human capital management solutions to organizations worldwide. This dedicated news hub provides investors and professionals with centralized access to official corporate communications and market-moving developments.
Track Paycom's latest financial results, product enhancements, leadership announcements, and strategic partnerships through verified press releases and curated analysis. Our repository ensures timely access to earnings reports, regulatory filings, and operational updates that shape the company's trajectory in the HR technology sector.
Key updates include quarterly earnings disclosures, software feature launches, compliance-related announcements, and executive team changes. Bookmark this page for streamlined monitoring of Paycom's business evolution within the competitive payroll solutions market.
Paycom, a leading provider of cloud-based human capital management software, has been named among America’s Best Mid-Size Companies for 2024 by TIME. Paycom was acknowledged for its innovation, employee benefits, and corporate social responsibility. The recognition considers companies operating in the U.S. with $100 million to $10 billion in revenue in 2022 or 2023. The evaluation was based on employee satisfaction, revenue growth, and sustainability transparency. Paycom’s commitment to a supportive work environment, community engagement, and environmental sustainability were key factors in its selection. This honor comes after Paycom received accolades for Best Company for Career Growth and Best Leadership Teams by Comparably.
Paycom Software, a leading provider of cloud-based human capital management (HCM) software, will announce its Q2 2024 financial results on July 31, 2024, after market close. The company will also host a conference call to discuss the results at 5 p.m. Eastern Time on the same day. Investors can access the call via dial-in numbers or webcast, with replays available until August 7, 2024.
Paycom Software, a leading provider of cloud-based human capital management software, has been recognized by Comparably in the categories of Best Career Growth and Best Leadership Teams. This is the third consecutive year Paycom has earned the Best Career Growth award. The acknowledgments are based on anonymous employee feedback collected over a 12-month period, emphasizing career advancement, mentorship, and leadership quality. Paycom's CEO, Chad Richison, attributes these recognitions to the company's focus on service, automation, and ROI for clients. Earlier this year, Paycom also received accolades for Best Sales Teams and Best Company Outlook, reinforcing its strong workplace culture and leadership. Paycom continues to expand, valuing diversity and offering numerous employee benefits, including affordable healthcare, fitness center access, and catered lunches.
Paycom Software (NYSE: PAYC), a top provider of cloud-based human capital management software, received two awards at the 11th Annual Globee Awards for Customer Excellence. The accolades were for their innovative Time-Off Requests tool, GONE, and their client setup and service teams. GONE, launched in late 2023, enhances automation in time-off management, integrating it seamlessly into scheduling, payroll, and attendance systems. Additionally, Paycom received a 2024 Excellence in Customer Service Award from Business Intelligence Group. This recognition underscores Paycom's commitment to exceptional client service and solution automation.
Paycom Software (NYSE: PAYC) announced significant leadership promotions. Randy Peck, a 20-year company veteran, has been named Chief Operating Officer. Jennifer Kraszewski, who joined in 2018, has been promoted to Chief Human Resources Officer. Matt Paque, previously general counsel, is now Chief Legal Officer. These leaders bring extensive experience and are expected to drive continued growth and innovation. Peck has more than 34 years in payroll and human capital management, Kraszewski has over 25 years in HR leadership, and Paque has over 20 years as an attorney. The promotions aim to enhance Paycom's workplace culture and client service.
Paycom Software, a major provider of cloud-based human capital management software, has announced its participation in the Baird Global Consumer, Technology & Services Conference. The event will take place on June 4 at 2:00 p.m. Eastern in New York City. A live webcast of the presentation will be accessible at investors.paycom.com under the 'Events' tab.
Paycom Software, Inc. (PAYC) is expanding its automated payroll services into Ireland with the introduction of Beti®, an employee payroll solution. This move follows recent expansions into Canada, Mexico, and the U.K., as well as the launch of Global HCM™. Paycom aims to offer its comprehensive HCM, payroll, and tax filing software to organizations in Ireland, showcasing its commitment to innovative technology and global employee empowerment.
Paycom Software, Inc. reported strong financial results for the first quarter of 2024, with total revenues of $500 million, an increase of 11% from the previous year. GAAP net income was $247 million, representing 49% of total revenues, or $4.37 per diluted share. Non-GAAP net income was $147 million, or $2.59 per diluted share. Adjusted EBITDA was $230 million, 46% of total revenues. The company remains focused on expanding automation capabilities and delivering value to clients.
Paycom Software, Inc. (PAYC) declared a quarterly cash dividend of $0.375 per share of common stock to be paid on June 10, 2024, to stockholders of record as of May 28, 2024.
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